BofA Securities raised the price target for the Surrozen Inc (NASDAQ:SRZN) stock to “a Buy”. The rating was released on October 11, 2021, according to finviz. The research report from Stifel has initiated the stock to Buy, with a price target set at $19.
The latest trade, Performances and Moving Averages give us the following Picture
The firm’s stock price fluctuated 13.80% within the last five trades and 18.95% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price increased 64.32% in the last 6 months and -18.15% was subtracted to its value over the previous 3 months. SRZN stock is trading at a margin of 8.72%, 2.63% and 21.92% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.
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As of the close of trading, SRZN deals in the Healthcare domain. The stock is trading -31.75 percent below its 52-week high and 145.56 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is 48.75. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.
What Does Surrozen Inc’s Profitability and Valuation Ratios Tell Us About the Stock?
With regard to the profitability of the company, the operating margin is currently at 0.00 percent and the company has reported a gross margin of 77.27 percent. The profit margin, also known as the revenue ratio or gross profit ratio, is an efficiency figure used to estimate the business’s profitability by comparing net income and sales. The higher the number, the more profits are generated for the company and vice versa.
The stock’s market cap achieved a total value of $35.36 million as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. The firm managed a Price-to-Book ratio of 0.77, which equates the market value of a stock with its book value.
Is Insider Trading a Real Thing?
Almost all investors and traders prefer to invest in shares controlled by the management of a corporation as a management company will be more likely to run the business itself and to never conduct things against the management’s desires and will always try to do what is best for their shareholders. Currently, 25.42 percent of Surrozen Inc shares are owned by insiders, and 29.68 percent are held by financial institutions. COLUMN GROUP III GP, LP, the 10% Owner at Surrozen Inc (SRZN) has bought 193,548 shares of firm on Apr 04 ’24 at a price of $15.50 against the total amount of $3.0 million. In another inside trade, Kutzkey Tim, Director of Surrozen Inc (NASDAQ:SRZN) bought 193,548 shares of the firm on Apr 04 ’24 for a total worth of $3.0 million at a price of $15.50.
