Scholar Rock Holding Corp (NASDAQ:SRRK) shares, rose in value on Thursday, March 27, with the stock price up by 3.73% to the previous day’s close as strong demand from buyers drove the stock to $33.36.
Actively observing the price movement in the last trading, the stock closed the session at $32.16, falling within a range of $31.86 and $33.505. The value of beta (5-year monthly) was 0.603. Referring to stock’s 52-week performance, its high was $46.98, and the low was $6.76. On the whole, SRRK has fluctuated by -9.89% over the past month.
With the market capitalization of Scholar Rock Holding Corp currently standing at about $3.16 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-26.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that SRRK’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the price of SRRK currently trading nearly -4.26% and -12.45% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 40.59, while the 7-day volatility ratio is showing 4.53% which for the 30-day chart, stands at 5.50%. Furthermore, Scholar Rock Holding Corp (SRRK)’s beta value is 0.55, and its average true range (ATR) is 1.82.
A comparison of Scholar Rock Holding Corp (SRRK) with its peers suggests the former has fared considerably weaker in the market. SRRK showed an intraday change of 3.73% in last session, and over the past year, it grew by 108.37%%.
Data on historical trading for Scholar Rock Holding Corp (NASDAQ:SRRK) indicates that the trading volumes over the past 10 days have averaged 1.3 and over the past 3 months, they’ve averaged 954.86K. According to company’s latest data on outstanding shares, there are 93.82 million shares outstanding.
Nearly 23.24% of Scholar Rock Holding Corp’s shares belong to company insiders and institutional investors own 94.21% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 16.13 million shares as on 2025-03-14, resulting in a short ratio of 19.34. According to the data, the short interest in Scholar Rock Holding Corp (SRRK) stood at 3123.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 15.98 million. The stock has fallen by -22.81% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the SRRK stock heading into the next quarter.
