Stoke Therapeutics Inc (NASDAQ: STOK) is 131.37% higher on its value in year-to-date trading and has touched a low of $3.35 and a high of $16.40 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The STOK stock was last observed hovering at around $12.81 in the last trading session, with the day’s loss setting it -0.64%.
Currently trading at $12.17, the stock is 42.54% and 80.96% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.89 million and changing -5.03% at the moment leaves the stock 101.06% off its SMA200. STOK registered 48.05% gain for a year compared to 6-month gain of 239.94%. The firm has a 50-day simple moving average (SMA 50) of $49.18 and a 200-day simple moving average (SMA200) of -$3.84.
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The stock witnessed a 70.69% loss in the last 1 month and extending the period to 3 months gives it a 122.08%, and is -14.11% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 12.35% over the week and 14.42% over the month.
Stoke Therapeutics Inc (STOK) has around 110 employees, a market worth around $631.14M and $8.78M in sales. Profit margin for the company is -1192.34%. Distance from 52-week low is 263.28% and -25.79% from its 52-week high. The company has generated returns on investments over the last 12 months (-63.71%).
Stoke Therapeutics Inc quarterly earnings per share for the current quarter are estimated at -$0.62 with sales reaching $3.21M over the same period.The EPS is expected to grow by 2.39% this year, but quarterly earnings will post 40.40% year-over-year. Quarterly sales are estimated to shrink -37.70% in year-over-year returns.
125 institutions hold shares in Stoke Therapeutics Inc (STOK), with institutional investors hold 103.38% of the company’s shares. The shares outstanding are 45.92M, and float is at 32.24M with Short Float at 11.02%. Institutions hold 98.01% of the Float.
The top institutional shareholder in the company is Skorpios Trust with over 14.44 million shares valued at $153.54 million. The investor’s holdings represent 32.61% of the STOK Shares outstanding. As of Jun 29, 2023, the second largest holder is RTW Investments LP with 4.39 million shares valued at $46.67 million to account for 9.91% of the shares outstanding. The other top investors are Redmile Group, LLC which holds 3.96 million shares representing 8.93% and valued at over $42.04 million, while Cowen and Company, LLC holds 8.40% of the shares totaling 3.72 million with a market value of $39.56 million.
Stoke Therapeutics Inc (STOK) Insider Activity
The most recent transaction is an insider sale by Nash Huw M., the company’s COO & CBO. SEC filings show that Nash Huw M. sold 61,329 shares of the company’s common stock on Apr 01 ’24 at a price of $13.23 per share for a total of $0.81 million. Following the sale, the insider now owns 0.0 shares.
Stoke Therapeutics Inc disclosed in a document filed with the SEC on Apr 01 ’24 that Ticho Barry (CHIEF MEDICAL OFFICER) sold a total of 9,426 shares of the company’s common stock. The trade occurred on Apr 01 ’24 and was made at $13.23 per share for $0.12 million. Following the transaction, the insider now directly holds 2485.0 shares of the STOK stock.
Still, SEC filings show that on Mar 28 ’24, Allan Jonathan (GENERAL COUNSEL & CORP SEC) disposed off 5,126 shares at an average price of $13.20 for $67668.0. The insider now directly holds 2,598 shares of Stoke Therapeutics Inc (STOK).
