The Week Ahead: Are Investors Really Too Optimistic About Shattuck Labs Inc (NASDAQ: STTK)

Shattuck Labs Inc (NASDAQ:STTK) currently has a daily average trading volume of 410.28K but it saw 3663103 shares traded in last market. With a market cap of 59.66M USD, the company’s current market price of $1.25 came falling about -34.90 while comparing to the previous closing price of $1.92. In past 52 weeks, the stock remained buoying in the range of price level as high as $11.76 and as low as $1.33. In the recent trading on the day, stock has struck highest price mark of $1.18 while lowest mark touched by it was $1.86.

Taking a look at 20-day trading activity of Shattuck Labs Inc (STTK) gives us an average price of $3.4755, while its current price level is -89.37% below from 52-week high level whereas it is -6.02% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $3.5068 while that of 200 days or SMA-200 reads an average of $6.8917. A closer look into the stock’s movement over the week reveals that its volatility is standing at 28.82% during that period while stretching the period over a month that decreases to 11.19%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 18.50 which implies that the stock is in oversold territory.

Citigroup downgraded its recommendation for the stock as a “Neutral” from “Buy” on October 02, 2024 while assigning a price target range of $8-$2.

Over the week, STTK’s stock price is moving -65.56% down while it is -63.56% when we observe its performance for the past one month. Year-to-date it is -82.47% down and over the past year, the stock is showing a downside performance of -16.67%.

Currently, Shattuck Labs Inc’s total number of outstanding shares is 47.26M. Company’s return on investment (ROI) stands at -75.08% and return on equity (ROE) at -68.48%. Stock’s beta reads 1.82. Stock has a price to book (P/B) ratio of 0.54 while price to sale or P/S ratio amounts to 14.48. Its return on asset (ROA) is -60.08% on average.