Is Scholar Rock Holding (SRRK) Attractive After Strong Multi Year Share Price Gains
- If you are wondering whether Scholar Rock Holding’s recent share price puts it on sale or already prices in a lot of optimism, you are asking the right question for a valuation focused look at the stock.
- The shares recently closed at US$48.00, with returns of 4.4% over 7 days, 8.4% over 30 days, 12.1% year to date, 27.3% over 1 year, a very large gain over 3 years, and a 11.3% decline over 5 years. This naturally raises questions about how much upside or risk is now built into the price.
- Recent price moves have come alongside ongoing interest in Scholar Rock’s pipeline and business updates that keep the stock on many biotech investors’ watchlists. This mix of supportive news flow and an already strong multi year share price performance…
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