SpringWorks Therapeutics Inc (SWTX) concluded trading on Thursday at a closing price of $43.35, with 3.52 million shares of worth about $152.4 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 89.30% during that period and on May 02, 2024 the price saw a loss of about -7.45%. Currently the company’s common shares owned by public are about 73.49M shares, out of which, 62.80M shares are available for trading.
Stock saw a price change of -1.92% in past 5 days and over the past one month there was a price change of -6.21%. Year-to-date (YTD), SWTX shares are showing a performance of 18.77% which increased to 85.89% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $18.00 but also hit the highest price of $53.92 during that period. The average intraday trading volume for SpringWorks Therapeutics Inc shares is 1.16 million. The stock is currently trading -1.51% below its 20-day simple moving average (SMA20), while that difference is down -8.55% for SMA50 and it goes to 25.05% higher than SMA200.
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SpringWorks Therapeutics Inc (NASDAQ: SWTX) currently have 73.49M outstanding shares and institutions hold larger chunk of about 91.62% of that.
The stock has a current market capitalization of $3.20B and its 3Y-monthly beta is at 0.84. It has posted earnings per share of -$4.99 in the same period. It has Quick Ratio of 6.77 while making debt-to-equity ratio of 0.01. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for SWTX, volatility over the week remained 7.47% while standing at 5.92% over the month.
Analysts are in expectations that SpringWorks Therapeutics Inc (SWTX) stock would likely to be making an EPS of -$1.17 in the current quarter, while forecast for next quarter EPS is $1.78 and it is -$3.49 for next year. For the current quarter EPS, analysts have given the company a lowest target -$1.35 which is -$0.85 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -$1.18 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 7.98% while it is estimated to increase by 20.47% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Guggenheim on February 05, 2024 offering a Buy rating for the stock and assigned a target price of $75 to it. Coverage by BofA Securities stated SpringWorks Therapeutics Inc (SWTX) stock as a Buy in their note to investors on December 01, 2022, suggesting a price target of $45 for the stock. On January 19, 2021, H.C. Wainwright Reiterated their recommendations, while on October 29, 2020, H.C. Wainwright Reiterated their ratings for the stock with a price target of $73. Stock get an Overweight rating from Barclays on May 05, 2020.
