Scholar Rock Holding Corp [NASDAQ: SRRK] price surged by 16.60 percent to reach at $5.17.
A sum of 5285706 shares traded at recent session while its average daily volume was at 1.26M shares. Scholar Rock Holding Corp shares reached a high of $37.0 and dropped to a low of $33.46 until finishing in the latest session at $36.32.
The one-year SRRK stock forecast points to a potential upside of 26.88. The average equity rating for SRRK stock is currently 1.00, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on Scholar Rock Holding Corp [SRRK]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SRRK shares is $49.67 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SRRK stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
H.C. Wainwright have made an estimate for Scholar Rock Holding Corp shares, keeping their opinion on the stock as Buy, with their previous recommendation back on November 26, 2024. While these analysts kept the previous recommendation, H.C. Wainwright raised their target price from $30 to $35. The new note on the price target was released on October 07, 2024, representing the official price target for Scholar Rock Holding Corp stock. Previously, the target price had yet another raise to $30, while Raymond James analysts kept a Strong Buy rating on SRRK stock.
The Average True Range (ATR) for Scholar Rock Holding Corp is set at 2.03 The Price to Book ratio for the last quarter was 11.03, with the Price to Cash per share for the same quarter was set at 3.84.
SRRK Stock Performance Analysis:
Scholar Rock Holding Corp [SRRK] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 10.03. With this latest performance, SRRK shares gained by 20.42% in over the last four-week period, additionally sinking by -13.48% over the last 6 months – not to mention a rise of 284.34% in the past year of trading.
Insight into Scholar Rock Holding Corp Fundamentals:
Return on Equity for this stock declined to -78.29%, with Return on Assets sitting at -78.29%.
SRRK Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for SRRK. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Scholar Rock Holding Corp go to 54.50%.
Scholar Rock Holding Corp [SRRK] Institutonal Ownership Details
There are presently around $118.64%, or 124.04%% of SRRK stock, in the hands of institutional investors. The top three institutional holders of SRRK stocks are: ARTAL GROUP S.A. with ownership of 11.26 million shares, which is approximately 11.6301%. FMR LLC, holding 9.89 million shares of the stock with an approximate value of $$82.36 million in SRRK stocks shares; and FMR LLC, currently with $$68.21 million in SRRK stock with ownership which is approximately 8.4577%.
