Scholar Rock Holding Corp (NASDAQ:SRRK) price on Thursday, April 10, fall -2.77% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $26.31.
A look at the stock’s price movement, the close in the last trading session was $27.06, moving within a range at $25.055 and $26.79. The beta value (5-Year monthly) was 0.576. Turning to its 52-week performance, $46.98 and $6.76 were the 52-week high and 52-week low respectively. Overall, SRRK moved -26.49% over the past month.
Scholar Rock Holding Corp’s market cap currently stands at around $2.49 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-26.
Turning to the stock’s technical picture we see that short term indicators suggest on average that SRRK is a 50% Sell. On the other hand, the stock is on average a Hold as suggested by medium term indicators while long term indicators are putting the stock in Hold category.
3 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 3 recommend SRRK as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
SRRK’s current price about -15.88% and -25.03% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 34.04, while 7-day volatility ratio is 13.82% and 7.49% in the 30-day chart. Further, Scholar Rock Holding Corp (SRRK) has a beta value of 0.44, and an average true range (ATR) of 2.48. Analysts have given the company’s stock an average 52-week price target of $40.5, forecast between a low of $39 and high of $42. Looking at the price targets, the low is -48.23% off current price level while to achieve the yearly target high, price needs to move -59.64%. Nonetheless, investors will most likely welcome a -53.93% jump to $40.5 which is the analysts’ median price.
If we refocus on Scholar Rock Holding Corp (NASDAQ:SRRK), historical trading data shows that trading volumes averaged 1.68 over the past 10 days and 1.07 million over the past 3 months. The company’s latest data on shares outstanding shows there are 93.82 million shares.
The 23.24% of Scholar Rock Holding Corp’s shares are in the hands of company insiders while institutional holders own 94.22% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 16.13 million on 2025-03-14, giving us a short ratio of 19.34. The data shows that as of 2025-03-14 short interest in Scholar Rock Holding Corp (SRRK) stood at 3123.0000000000005 of shares outstanding, with shares short rising to 15.98 million registered in 2025-02-14. Current price change has pushed the stock -39.13% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the SRRK stock continues to rise going into the next quarter.
