Look Past The Setbacks And Give SpringWorks Therapeutics Inc (NASDAQ: SWTX) Another Chance

SpringWorks Therapeutics Inc (NASDAQ:SWTX) currently has a daily average trading volume of 4.74M but it saw 3033754 shares traded in last market. With a market cap of 3.49B USD, the company’s current market price of $46.27 came rising about 0.13 while comparing to the previous closing price of $46.21. In past 52 weeks, the stock remained buoying in the range of price level as high as $62.00 and as low as $28.21.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Evercore ISI which initiated the stock as “Outperform” in its note to investors issued on November 20, 2024, recommending a price target of $60 for it. BofA Securities also issued its recommendations for the stock as it initiated the price target for the stock is $45.

Over the week, SWTX’s stock price is moving 0.41% up while it is 12.28% when we observe its performance for the past one month. Year-to-date it is 28.07% up and over the past year, the stock is showing an upside performance of 8.97%.

Currently, SpringWorks Therapeutics Inc’s total number of outstanding shares is 74.99M with 1.34% of that held by the insiders while 87.66% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -60.02% and return on equity (ROE) at -51.57%. Stock’s beta reads 0.70. Stock has a price to book (P/B) ratio of 8.31 while price to sale or P/S ratio amounts to 15.87. Its return on asset (ROA) is -43.70% on average.