In the last trading session, 1.07 million shares of the Shattuck Labs Inc (NASDAQ:STTK) were traded, and its beta was 1.87. Most recently the company’s share price was $1.22, and it changed around -$0.06 or -4.69% from the last close, which brings the market valuation of the company to $58.23M. STTK currently trades at a discount to its 52-week high of $11.76, offering almost -863.93% off that amount. The share price’s 52-week low was $1.15, which indicates that the current value has risen by an impressive 5.74% since then. We note from Shattuck Labs Inc’s average daily trading volume that its 10-day average is 1.91 million shares, with the 3-month average coming to 483.75K.
Shattuck Labs Inc stock received a consensus recommendation rating of Buy, based on a mean score of 2.20. If we narrow it down even further, the data shows that 0 out of 5 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 0 recommended STTK as a Hold, whereas 4 deemed it a Buy, and 0 rated it as Underweight.
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Shattuck Labs Inc (NASDAQ:STTK) trade information
Instantly STTK has showed a red trend with a performance of -4.69% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 3.9500 on recent trading dayincreased the stock’s daily price by 69.11%. The company’s shares are currently down -82.89% year-to-date, but still down -68.48% over the last five days. On the other hand, Shattuck Labs Inc (NASDAQ:STTK) is -65.44% down in the 30-day period. We can see from the shorts that 5.49 million shares have been sold at a short interest cover period of 36.16 day(s).
The consensus price target as assigned by Wall Street analysts is $12, which translates to bulls needing to increase their stock price by 89.83% from its current value. Analyst projections state that STTK is forecast to be at a low of $8 and a high of $16.
Shattuck Labs Inc (STTK) estimates and forecasts
Shattuck Labs Inc share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -86.90 percent over the past six months and at a 23.90% annual growth rate that is well above the industry average of 17.60%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -63.20%.
STTK Dividends
Shattuck Labs Inc’s next quarterly earnings report is expected to be released in November.
Shattuck Labs Inc (NASDAQ:STTK)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 13.34% of Shattuck Labs Inc shares, and 73.38% of them are in the hands of institutional investors. The stock currently has a share float of 84.67%. Shattuck Labs Inc stock is held by 105.0 institutions, with FMR LLC being the largest institutional investor. By 2024-06-30, it held 14.1055% of the shares, which is about 7.13 million shares worth $27.53 million.
REDMILE GROUP, LLC, with 11.1052% or 5.62 million shares worth $21.68 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
