Scholar Rock Holding Corp (NASDAQ:SRRK) has a beta value of 580.80% and has seen 1.33 shares traded in the last trading session. The company, currently valued at $3.23B, closed the last trade at $36.32 per share which meant it lost -$13.35 on the day or 34.04% during that session. The SRRK stock price is -29.35% off its 52-week high price of $46.98 and 81.39% above the 52-week low of $6.76. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.57 million shares traded. The 3-month trading volume is 2.40 shares.
The consensus among analysts is that Scholar Rock Holding Corp (SRRK) is Buy stock at the moment, with a recommendation rating of 55.54. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 3 have rated it as a Hold, with 3 advising it as a Buy. 0 have rated the stock as Underweight.
Scholar Rock Holding Corp (NASDAQ:SRRK) trade information
Sporting 34.04% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the SRRK stock price touched $36.32 or saw a rise of 1.84%. Year-to-date, Scholar Rock Holding Corp shares have moved 287.70%, while the 5-day performance has seen it change 2.16%. Over the past 30 days, the shares of Scholar Rock Holding Corp (NASDAQ:SRRK) have changed 7.93%. Short interest in the company has seen 14.23 million shares shorted with days to cover at 13.17.
Wall Street analysts have a consensus price target for the stock at $40.5, which means that the shares’ value could jump 10.32% from current levels. The projected low price target is $39.0 while the price target rests at a high of $42.0. In that case, then, we find that the current price level is -15.64% off the targeted high while a plunge would see the stock gain -7.38% from current levels.
Scholar Rock Holding Corp (SRRK) estimates and forecasts
The company’s shares have lost -20.60% over the past 6 months.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 11.76% -5.90% over the past 5 years. Earnings growth for 2025 is a modest -7.21% while over the next 5 years, the company’s earnings are expected to increase by 54.50%.
SRRK Dividends
Scholar Rock Holding Corp is expected to release its next earnings report on 2025-May-14 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Scholar Rock Holding Corp (NASDAQ:SRRK)’s Major holders
Insiders own 4.35% of the company shares, while shares held by institutions stand at 118.64% with a share float percentage of 124.04%. Investors are also buoyed by the number of investors in a company, with Scholar Rock Holding Corp having a total of 323.0 institutions that hold shares in the company. The top two institutional holders are ARTAL GROUP S.A. with over 11.26 million shares worth more than $93.79 million. As of 2024-06-30, ARTAL GROUP S.A. held 11.6301% of shares outstanding.
The other major institutional holder is FMR LLC, with the holding of over 9.89 million shares as of 2024-06-30. The firm’s total holdings are worth over $82.36 million and represent 10.2127% of shares outstanding.
