Is Morphic Holding Inc (NASDAQ: MORF) No Longer A Good Investment?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

MORF belongs to the Healthcare sector of the NASDAQ while operating in the Biotechnology industry. The current market capitalization of Morphic Holding Inc is $2.82B. A total of 2.68 million shares were traded on the day, compared to an average of 1.96M shares.

In the most recent transaction, SCHEGERIN MARC sold 43,936 shares of MORF for 55.80 per share on Jul 08 ’24. After the transaction, the CFO and COO now owns 37,907 company shares. In a previous transaction on Jul 08 ’24, Farrell Robert E Jr sold 30,272 shares at 55.80 per share. MORF shares that SVP Finance and CAO owns now total 13,781.

Among the insiders who sold shares, Tipirneni Praveen P. disposed of 21,582 shares on Jul 08 ’24 at a per-share price of $55.79. This resulted in the President and CEO holding 42,460 shares of MORF after the transaction. In another insider transaction, Rogers Bruce sold 20,000 shares at $55.79 per share on Jul 08 ’24. Company shares held by the PRESIDENT now total 149,883.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, MORF has a high of $62.08 and a low of $19.34.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. MORF’s latest balance sheet shows that the firm has $408.13M in Cash & Short Term Investments as of fiscal 2021. There were $5.05M in debt and $38.26M in liabilities at the time. Its Book Value Per Share was $13.25, while its Total Shareholder’s Equity was $336.70M.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for MORF is Buy with a score of 3.80.

Most Popular

Related Posts