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Check out this: Sarepta Therapeutics Inc (SRPT) could be on the verge of a big rally

Sarepta Therapeutics Inc (NASDAQ: SRPT) is 51.77% higher on its value in year-to-date trading and has touched a low of $55.25 and a high of $173.25 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 SRPT stock was last observed hovering at around $145.61 in the last trading session, with the day’s gains setting it 0.74%.

Currently trading at $146.35, the stock is -4.48% and 7.31% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.07 million and changing 0.51% at the moment leaves the stock 24.03% off its SMA200. SRPT registered 39.63% gain for a year compared to 6-month gain of 26.56%.

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The stock witnessed a 18.50% loss in the last 1 month and extending the period to 3 months gives it a 26.58%, and is -4.14% 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 2.78% over the week and 3.30% over the month.

Sarepta Therapeutics Inc (SRPT) has around 1314 employees, a market worth around $13.83B and $1.40B in sales. Current P/E ratio is 2200.75 and Fwd P/E is 11.81. Profit margin for the company is 1.20%. Distance from 52-week low is 164.89% and -15.53% from its 52-week high. The company has generated returns on investments over the last 12 months (0.76%).

The EPS is expected to grow by 171.64% this year.

Sarepta Therapeutics Inc (SRPT) Top Institutional Holders

The shares outstanding are 93.73M, and float is at 88.70M with Short Float at 10.77%.

Sarepta Therapeutics Inc (SRPT) Insider Activity

The most recent transaction is an insider sale by Brown Ryan Edward,the company’sEVP, General Counsel. SEC filings show that Brown Ryan Edward sold 38,957 shares of the company’s common stock on Jun 25 ’24 at a price of $161.61 per share for a total of $6.3 million. Following the sale, the insider now owns 17129.0 shares.

Sarepta Therapeutics Inc disclosed in a document filed with the SEC on Jun 25 ’24 that Arif Bilal (Chief Tech Ops Officer) sold a total of 3,898 shares of the company’s common stock. The trade occurred on Jun 25 ’24 and was made at $163.23 per share for $0.64 million. Following the transaction, the insider now directly holds 17363.0 shares of the SRPT stock.

Still, SEC filings show that on Jun 24 ’24, Arif Bilal (Chief Tech Ops Officer) disposed off 7,859 shares at an average price of $163.08 for $1.28 million. The insider now directly holds 21,261 shares of Sarepta Therapeutics Inc (SRPT).

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