Scholar Rock Holding Corporation (SRRK) Stock: A Biotechnology Stock That’s Headed Down

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Scholar Rock Holding Corporation (SRRK) is making a move down in the market today. The company, one that is focused on the biotechnology industry, is presently priced at $8.03 after a move down of -8.02% so far today. In terms of biotechnology stocks, there are several aspects that have the ability to generate declines in the market. News is one of the most common reasons for movement. Here are the recent trending headlines surrounding SRRK:

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Nov-12-19 09:05AM Scholar Rock Holding Corporation (SRRK) Reports Q3 Loss, Misses Revenue Estimates
07:30AM Scholar Rock Reports Third Quarter 2019 Financial Results and Highlights Business Progress
Nov-10-19 03:29PM Analysts See 2 Falling Knives Bouncing Back
Nov-08-19 08:01AM Scholar Rock to Present at the 2019 Jefferies London Healthcare Conference
Oct-31-19 01:50PM Hedge Funds Have Never Been This Bullish On Scholar Rock Holding Corporation (SRRK)

Nonetheless, any time investors are making a decision to invest, investors should focus on far more than just news, this is especially the case in the highly speculative biotech sector. Here’s what’s happening in regard to Scholar Rock Holding Corporation.

The Performance That We’ve Seen From SRRK

Although a single session decline, like the fall that we’re seeing from Scholar Rock Holding Corporation might cause fear in some investors, that alone shouldn’t be the basis of a decision to, or not to, buy a company’s stock. It’s always a good idea to dig into trends experienced by the stock beyond a single session. In the case of SRRK, here are the trends that we’ve seen:

  • Past 7 Days – Over the past five trading sessions, SRRK has seen a change in value in the amount of -8.39%.
  • Past 30 Days – The monthly returns from Scholar Rock Holding Corporation works out to -3.75%.
  • Past Quarter – Over the last quarter, the company has produced a return of -18.49%
  • Bi-Annually – Throughout the last 6 months, we’ve seen a performance that works out to -58.29% from the company.
  • This Year So Far – Since the the first trading session of this year SRRK has resulted in a return on investment of -61.99%.
  • Full Year – Finally, throughout the last full year, we have seen a change that comes to -65.07% out of SRRK. Over this period of time, the stock has traded at a high price of -73.23% and a low of -0.25%.

Important Ratios

Looking at a few ratios associated with a stock can give traders a view of just how dangerous and/or rewarding a stock pick may be. Here are some of the key ratios to look at when looking at SRRK.

Short Ratio – The short ratio is a measure of short interest. The higher this short ratio, the more investors have a belief that the price of the stock is going to go down. Across the sector, biotech stocks can carry a higher short ratio. On the other hand, we tend to see a lot of short squeezes in the space. Nonetheless, as it relates to Scholar Rock Holding Corporation, the stock’s short ratio comes to 26.33.

Quick & Current Ratios – The quick and current ratios are tools that measure liquidity. Essentially, they measure whether or not a company can cover its debts as they mature with only current assets or quick assets. Because many biotech companies rely heavily on continued investor support, the current and quick ratios can look upsetting. However, some better companies in the biotechnology sector do have good current and quick ratios. In terms of SRRK, the quick and current ratios work out to 5.90 and 5.90 respectively.  

Book To Share Value – The book to share value ratio compares the current book value of assets owned by the company to the price of shares. when it comes to Scholar Rock Holding Corporation, the book to share value ratio equates to 4.97.

Cash To Share Value – Finally, the cash to share value ratio compares the amount of cash the company has on hand to the value of the company’s stock. Several clinical stage biotech companies have a hard time keeping cash on hand. So, if you’re interested in a stock in the biotechnology space, this is a very important ratio to think about. In this case, the cash to share value is 6.08.

What Analysts Say About Scholar Rock Holding Corporation

Although it’s rarely a good idea to unknowingly follow the opinions of analysts, it is a good idea to use their opinions in order to validate your own opinions before making an investment decision in the biotechnology industry. Below are the most recent moves that we have seen from analysts as it relates to SRRK.

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What Are Big Money Players Doing With Scholar Rock Holding Corporation

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in SRRK, here’s what we’re seeing:

  • Institutional Investors – At the moment, institutional investors hold 78.20% of SRRK. However, it’s important to mention that institutional ownership has seen a move in the amount of 0.25% over the last quarter.
  • Insiders – As far as insiders go, members of the management team and others close to SRRK currently own 10.00% of Scholar Rock Holding Corporation. Insider ownership of the company has seen a change of 0.00% over the last 3 months.

Float Information

Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 30.43M shares of Scholar Rock Holding Corporation outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, SRRK has a float of 24.74M.

Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to SRRK, the short percent of the float is 8.16%.

What We’ve Seen In earnings results

What have ween seen from SRRK in terms of financial results?Here’s the data:

  • Analyst Expectations – Currently, Wall Street analysts have expectations that Scholar Rock Holding Corporation will create EPS of -2.25, with -0.33 to be announced in the earnings announcement for the current quarter. Although this isn’t earnings driven, because we are talking on the topic of Wall Street analysts, SRRK is presently graded as a 1.50 considering a scale that ranges from 1 to 5 where 1 is the poorest possible Wall Street analyst grade and 5 is the best possible.
  • 5-Year Sales – Throughout the last 5 years, Scholar Rock Holding Corporation has reported a movement in revenue that works out to be 0. Earnings through the past half decade have generated a change of 0.
  • Quarter Over Quarter – In terms of quarter over quarter data, or Q/Q data as it is generally referred to as in the world of humans, Scholar Rock Holding Corporation has created a earnings change by 17.10%. SRRK has also moved the needle in regard to revenue that totals 0.

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