Scholar Rock Holding Corp (NASDAQ: SRRK) is -42.61% lower on its value in year-to-date trading and has touched a low of $5.56 and a high of $21.17 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SRRK stock was last observed hovering at around $11.71 in the last trading session, with the day’s loss setting it -0.92%.
Currently trading at $10.79, the stock is -23.10% and -25.90% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.14 million and changing -7.86% at the moment leaves the stock -14.69% off its SMA200. SRRK registered 42.35% gain for a year compared to 6-month gain of -9.02%.
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The stock witnessed a -23.42% loss in the last 1 month and extending the period to 3 months gives it a -30.83%, and is -24.65% 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 11.48% over the week and 7.13% over the month.
Scholar Rock Holding Corp (SRRK) has around 150 employees, a market worth around $860.50M and $0.00M in sales. Distance from 52-week low is 94.06% and -49.03% from its 52-week high. The company has generated returns on investments over the last 12 months (-79.76%).
The EPS is expected to shrink by -17.63% this year
The shares outstanding are 75.98M, and float is at 63.93M with Short Float at 20.93%.
Scholar Rock Holding Corp (SRRK) Insider Activity
The most recent transaction is an insider sale by Backstrom Jay T., the company’s CHIEF EXECUTIVE OFFICER. SEC filings show that Backstrom Jay T. sold 11,614 shares of the company’s common stock on Feb 16 ’24 at a price of $15.74 per share for a total of $0.18 million. Following the sale, the insider now owns 0.35 million shares.
Scholar Rock Holding Corp disclosed in a document filed with the SEC on Feb 16 ’24 that Myles Edward H (COO & CFO) sold a total of 4,744 shares of the company’s common stock. The trade occurred on Feb 16 ’24 and was made at $15.74 per share for $74686.0. Following the transaction, the insider now directly holds 0.21 million shares of the SRRK stock.
Still, SEC filings show that on Feb 16 ’24, Parlavecchio Caryn (CHRO) disposed off 3,751 shares at an average price of $15.74 for $59053.0. The insider now directly holds 157,744 shares of Scholar Rock Holding Corp (SRRK).
