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Surrozen Inc
Buy, Hold or Sell?

Let's analyse Surrozen together

PenkeI guess you are interested in Surrozen Inc. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Surrozen Inc. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Surrozen (30 sec.)










What can you expect buying and holding a share of Surrozen? (30 sec.)

How much money do you get?

How much money do you get?
$0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
$1.49
Expected worth in 1 year
$0.77
How sure are you?
25.0%

+ What do you gain per year?

Total Gains per Share
$-0.72
Return On Investment
-5.0%

For what price can you sell your share?

Current Price per Share
$14.33
Expected price per share
$7.5 - $18.00
How sure are you?
50%

1. Valuation of Surrozen (5 min.)




Live pricePrice per Share (EOD)

$14.33

2. Growth of Surrozen (5 min.)




Is Surrozen growing?

Current yearPrevious yearGrowGrow %
How rich?$45.5m$94.8m-$34.9m-58.4%

How much money is Surrozen making?

Current yearPrevious yearGrowGrow %
Making money-$7.1m-$10.8m$3.6m52.0%
Net Profit Margin14.6%0.0%--

How much money comes from the company's main activities?

3. Financial Health of Surrozen (5 min.)




4. Comparing to competitors in the Biotechnology industry (5 min.)




  Industry Rankings (Biotechnology)  


Richest
#490 / 1031

Most Revenue
#399 / 1031

Most Profit
#523 / 1031

Most Efficient
#102 / 1031

What can you expect buying and holding a share of Surrozen? (5 min.)

Welcome investor! Surrozen's management wants to use your money to grow the business. In return you get a share of Surrozen.

What can you expect buying and holding a share of Surrozen?

First you should know what it really means to hold a share of Surrozen. And how you can make/lose money.

Speculation

The Price per Share of Surrozen is $14.33. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Surrozen.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Surrozen, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $1.49. Based on the TTM, the Book Value Change Per Share is $-0.18 per quarter. Based on the YOY, the Book Value Change Per Share is $-0.57 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Surrozen.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 $% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share
Usd Eps-0.34-2.4%-0.31-2.2%-0.40-2.8%-0.32-2.2%-0.32-2.2%
Usd Book Value Change Per Share-0.34-2.4%-0.18-1.3%-0.57-4.0%0.120.9%0.120.9%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share-0.34-2.4%-0.18-1.3%-0.57-4.0%0.120.9%0.120.9%
Usd Price Per Share0.49-0.56-3.62-3.61-3.61-
Price to Earnings Ratio-0.36--0.45--2.29--17.28--17.28-
Price-to-Total Gains Ratio-1.45--7.97--26.25--11.74--11.74-
Price to Book Ratio0.33-0.30-1.14-0.67-0.67-
Price-to-Total Gains Ratio-1.45--7.97--26.25--11.74--11.74-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share14.3281
Number of shares69
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share-0.180.12
Usd Total Gains Per Share-0.180.12
Gains per Quarter (69 shares)-12.478.58
Gains per Year (69 shares)-49.8934.34
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-50-6003424
20-100-11006958
30-150-160010392
40-200-2100137126
50-249-2600172160
60-299-3100206194
70-349-3600240228
80-399-4100275262
90-449-4600309296
100-499-5100343330

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share0.04.00.00.0%0.012.00.00.0%0.012.00.00.0%0.012.00.00.0%0.012.00.00.0%
Book Value Change Per Share0.04.00.00.0%3.09.00.025.0%3.09.00.025.0%3.09.00.025.0%3.09.00.025.0%
Dividend per Share0.00.04.00.0%0.00.012.00.0%0.00.012.00.0%0.00.012.00.0%0.00.012.00.0%
Total Gains per Share0.04.00.00.0%3.09.00.025.0%3.09.00.025.0%3.09.00.025.0%3.09.00.025.0%

Fundamentals of Surrozen

About Surrozen Inc

Surrozen, Inc., a clinical stage biotechnology company, discovers and develops drug candidates to selectively modulate the Wnt pathway for tissue repair and regeneration. The company is developing antibody-based therapeutics with application across various disease areas, including diseases of the intestine, liver, retina, cornea, lung, kidney, cochlea, skin, pancreas, and central nervous system. Its products in pipeline include SZN-043, a hepatocyte-specific R-spondin mimetic bispecific fusion protein, which is in Phase 1b clinical trial for the treatment of severe liver diseases, including alcoholic hepatitis and asialoglycoprotein receptor 1; and SZN-1326, a bi-specific antibody, which is in Phase 1b clinical trial for the treatment of moderate to severe inflammatory bowel disease, Frizzled, and LRP receptors. The company also develops SZN-413, a Fzd4 targeted bi-specific antibody, which is in preclinical stage for the treatment of retinal vascular associated diseases. Surrozen, Inc. has collaboration and license agreement with Boehringer Ingelheim International GmbH to research, develop, and commercialize Fzd4 bi-specific antibodies. Surrozen, Inc. was founded in 2015 and is based in South San Francisco, California.

Fundamental data was last updated by Penke on 2024-03-20 11:45:05.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very inefficient.
The company is very efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Surrozen Inc.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Surrozen earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Surrozen to the Biotechnology industry mean.
  • A Net Profit Margin of 0.0% means that $0.00 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Surrozen Inc:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM14.6%-14.6%
TTM14.6%YOY-+14.6%
TTM14.6%5Y4.9%+9.7%
5Y4.9%10Y4.9%0.0%
Compared to industry (Biotechnology)
PeriodCompanyIndustry (mean)+/- 
MRQ--171.8%+171.8%
TTM14.6%-205.8%+220.4%
YOY--262.1%+262.1%
5Y4.9%-455.6%+460.5%
10Y4.9%-589.0%+593.9%
1.1.2. Return on Assets

Shows how efficient Surrozen is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Surrozen to the Biotechnology industry mean.
  • -19.4% Return on Assets means that Surrozen generated $-0.19 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Surrozen Inc:

  • The MRQ is -19.4%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -11.8%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-19.4%TTM-11.8%-7.5%
TTM-11.8%YOY-9.9%-1.9%
TTM-11.8%5Y-13.0%+1.2%
5Y-13.0%10Y-13.0%0.0%
Compared to industry (Biotechnology)
PeriodCompanyIndustry (mean)+/- 
MRQ-19.4%-12.5%-6.9%
TTM-11.8%-12.2%+0.4%
YOY-9.9%-11.2%+1.3%
5Y-13.0%-13.4%+0.4%
10Y-13.0%-14.7%+1.7%
1.1.3. Return on Equity

Shows how efficient Surrozen is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Surrozen to the Biotechnology industry mean.
  • -22.9% Return on Equity means Surrozen generated $-0.23 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Surrozen Inc:

  • The MRQ is -22.9%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -13.9%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-22.9%TTM-13.9%-9.0%
TTM-13.9%YOY-11.8%-2.1%
TTM-13.9%5Y-32.7%+18.8%
5Y-32.7%10Y-32.7%0.0%
Compared to industry (Biotechnology)
PeriodCompanyIndustry (mean)+/- 
MRQ-22.9%-15.8%-7.1%
TTM-13.9%-15.7%+1.8%
YOY-11.8%-13.9%+2.1%
5Y-32.7%-18.3%-14.4%
10Y-32.7%-19.2%-13.5%

1.2. Operating Efficiency of Surrozen Inc.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Surrozen is operating .

  • Measures how much profit Surrozen makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Surrozen to the Biotechnology industry mean.
  • An Operating Margin of 0.0% means the company generated $0.00  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Surrozen Inc:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-5.3%+5.3%
TTM-5.3%YOY--5.3%
TTM-5.3%5Y-1.8%-3.5%
5Y-1.8%10Y-1.8%0.0%
Compared to industry (Biotechnology)
PeriodCompanyIndustry (mean)+/- 
MRQ--299.1%+299.1%
TTM-5.3%-210.1%+204.8%
YOY--279.7%+279.7%
5Y-1.8%-459.9%+458.1%
10Y-1.8%-596.9%+595.1%
1.2.2. Operating Ratio

Measures how efficient Surrozen is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Biotechnology industry mean).
  • An Operation Ratio of 0.00 means that the operating costs are $0.00 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Surrozen Inc:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM0.309-0.309
TTM0.309YOY-+0.309
TTM0.3095Y0.103+0.206
5Y0.10310Y0.1030.000
Compared to industry (Biotechnology)
PeriodCompanyIndustry (mean)+/- 
MRQ-2.861-2.861
TTM0.3093.193-2.884
YOY-3.615-3.615
5Y0.1035.560-5.457
10Y0.1037.396-7.293

1.3. Liquidity of Surrozen Inc.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Surrozen is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Biotechnology industry mean).
  • A Current Ratio of 7.25 means the company has $7.25 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Surrozen Inc:

  • The MRQ is 7.248. The company is very able to pay all its short-term debts. +2
  • The TTM is 8.283. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ7.248TTM8.283-1.036
TTM8.283YOY10.056-1.772
TTM8.2835Y7.792+0.491
5Y7.79210Y7.7920.000
Compared to industry (Biotechnology)
PeriodCompanyIndustry (mean)+/- 
MRQ7.2483.986+3.262
TTM8.2834.440+3.843
YOY10.0565.552+4.504
5Y7.7926.158+1.634
10Y7.7926.492+1.300
1.3.2. Quick Ratio

Measures if Surrozen is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Surrozen to the Biotechnology industry mean.
  • A Quick Ratio of 8.22 means the company can pay off $8.22 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Surrozen Inc:

  • The MRQ is 8.223. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 11.304. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ8.223TTM11.304-3.081
TTM11.304YOY17.141-5.837
TTM11.3045Y27.145-15.841
5Y27.14510Y27.1450.000
Compared to industry (Biotechnology)
PeriodCompanyIndustry (mean)+/- 
MRQ8.2233.638+4.585
TTM11.3044.168+7.136
YOY17.1415.515+11.626
5Y27.1456.012+21.133
10Y27.1456.209+20.936

1.4. Solvency of Surrozen Inc.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Surrozen assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Surrozen to Biotechnology industry mean.
  • A Debt to Asset Ratio of 0.16 means that Surrozen assets are financed with 15.6% credit (debt) and the remaining percentage (100% - 15.6%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Surrozen Inc:

  • The MRQ is 0.156. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.149. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.156TTM0.149+0.007
TTM0.149YOY0.155-0.006
TTM0.1495Y0.459-0.310
5Y0.45910Y0.4590.000
Compared to industry (Biotechnology)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1560.335-0.179
TTM0.1490.330-0.181
YOY0.1550.267-0.112
5Y0.4590.367+0.092
10Y0.4590.378+0.081
1.4.2. Debt to Equity Ratio

Measures if Surrozen is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Surrozen to the Biotechnology industry mean.
  • A Debt to Equity ratio of 18.5% means that company has $0.19 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Surrozen Inc:

  • The MRQ is 0.185. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.175. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.185TTM0.175+0.010
TTM0.175YOY0.184-0.009
TTM0.1755Y0.278-0.102
5Y0.27810Y0.2780.000
Compared to industry (Biotechnology)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1850.376-0.191
TTM0.1750.398-0.223
YOY0.1840.334-0.150
5Y0.2780.429-0.151
10Y0.2780.476-0.198

2. Market Valuation of Surrozen Inc

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Surrozen generates.

  • Above 15 is considered overpriced but always compare Surrozen to the Biotechnology industry mean.
  • A PE ratio of -0.36 means the investor is paying $-0.36 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Surrozen Inc:

  • The EOD is -10.459. Based on the earnings, the company is expensive. -2
  • The MRQ is -0.358. Based on the earnings, the company is expensive. -2
  • The TTM is -0.454. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-10.459MRQ-0.358-10.101
MRQ-0.358TTM-0.454+0.097
TTM-0.454YOY-2.291+1.837
TTM-0.4545Y-17.281+16.827
5Y-17.28110Y-17.2810.000
Compared to industry (Biotechnology)
PeriodCompanyIndustry (mean)+/- 
EOD-10.459-2.643-7.816
MRQ-0.358-2.418+2.060
TTM-0.454-2.742+2.288
YOY-2.291-4.123+1.832
5Y-17.281-6.257-11.024
10Y-17.281-6.478-10.803
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Surrozen Inc:

  • The EOD is -10.781. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -0.369. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -3.865. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-10.781MRQ-0.369-10.412
MRQ-0.369TTM-3.865+3.496
TTM-3.865YOY-2.068-1.797
TTM-3.8655Y-3.472-0.393
5Y-3.47210Y-3.4720.000
Compared to industry (Biotechnology)
PeriodCompanyIndustry (mean)+/- 
EOD-10.781-3.244-7.537
MRQ-0.369-2.939+2.570
TTM-3.865-3.478-0.387
YOY-2.068-5.592+3.524
5Y-3.472-8.473+5.001
10Y-3.472-8.881+5.409
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Surrozen is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Biotechnology industry mean).
  • A PB ratio of 0.33 means the investor is paying $0.33 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Surrozen Inc:

  • The EOD is 9.597. Based on the equity, the company is overpriced. -1
  • The MRQ is 0.328. Based on the equity, the company is cheap. +2
  • The TTM is 0.295. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD9.597MRQ0.328+9.269
MRQ0.328TTM0.295+0.033
TTM0.295YOY1.138-0.843
TTM0.2955Y0.670-0.374
5Y0.67010Y0.6700.000
Compared to industry (Biotechnology)
PeriodCompanyIndustry (mean)+/- 
EOD9.5972.124+7.473
MRQ0.3282.041-1.713
TTM0.2952.118-1.823
YOY1.1382.915-1.777
5Y0.6703.682-3.012
10Y0.6704.114-3.444
2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Surrozen Inc.

3.1. Institutions holding Surrozen Inc

Institutions are holding 67.019% of the shares of Surrozen Inc.

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2023-12-31Column Group LLC30.79233.8975627651610.0097
2023-09-30Alyeska Investment Group, L.P.0.99970.0013056483056480
2023-12-31Euclidean Capital LLC4.30230.092887696-53518-37.8985
2023-09-30Bridger Management LLC0.20180.01116169900
2023-12-31BlackRock Inc2.8697058494-12737-17.8813
2023-12-31ArrowMark Colorado Holdings, LLC (ArrowMark Partners)2.70430.005855123551230
2023-12-31Board of Ttees Leland Stanford Jr Univ2.55750.03185213160.0115
2023-12-31Trustees Of Columbia University In The City Of New York2.35140.95084793050.0104
2023-12-31Morgan Stanley - Brokerage Accounts1.727403521130.0085
2023-12-31Vanguard Group Inc1.59503251110.0031
2023-12-31Geode Capital Management, LLC0.5629011473-2-0.0174
2023-12-31Renaissance Technologies Corp0.50660.000210326202024.3198
2023-12-31Tower Research Capital LLC0.030.0001612305.1546
2023-12-31Wolverine Asset Management LLC0.01380281-234-45.4369
2023-12-31Royal Bank of Canada0.005401111110
2023-12-31UBS Group AG0.0023046-271-85.489
2023-12-31Wells Fargo & Co0.00040900
2023-12-31JPMorgan Chase & Co0.000103150
2023-12-31State Street Corporation000-4728-100
2023-12-31Prudential Financial Inc000-667-100
Total 51.22294.99111386955+290852+21.0%

3.2. Funds holding Surrozen Inc

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2024-02-29Vanguard Total Stock Mkt Idx Inv2.074104227829000218.4064
2023-09-30BlackRock Extended Mkt Composite0.11840.00013619900
2024-02-29Vanguard Institutional Extnd Mkt Idx Tr0.88930.00021812700
2023-10-31Vanguard Instl Ttl Stck Mkt Idx Tr0.0332010142-189039-94.9081
2024-01-31Fidelity Extended Market Index0.3240.0002660500
2023-12-31BlackRock Extended Equity Market K0.10320.00022104-5-0.2371
2024-01-31Fidelity Series Total Market Index0.06870140100
2024-01-31Spartan Total Market Index Pool E0.05930120800
2023-12-31NT Ext Equity Mkt Idx Fd - NL0.05930.0002120800
2024-01-31Fidelity Nasdaq Composite Index0.05540.0001113000
2023-12-31NT Ext Equity Mkt Idx Fd - L0.04960.0002101000
2023-12-31Northern Trust Extended Eq Market Idx0.04960.0002101000
2023-12-31NT Ext Equity Mkt Idx Fd - DC - NL - T20.04760.000297020.2066
2024-01-31Fidelity Total Market Index0.0383078000
2024-02-29Vanguard Instl Ttl Stk Mkt Idx InstlPls0.0332067600
2023-12-31SSgA U.S. Extended Market Index Class I0.02970.0002606-1-0.1647
2024-02-29State St US Extended Mkt Indx NL Cl C0.02970.000460600
2024-02-29Vanguard U.S. Eq Idx £ Acc0.0211043000
2024-01-31Spartan Extended Market Index Pool E0.01650.000133600
2023-12-31Extended Equity Market Fund M0.01280.0002260124.8387
Total 4.1130.0025127086-160031-125.9%

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Surrozen Inc compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.338-0.181-46%-0.575+70%0.124-372%0.124-372%
Book Value Per Share--1.4931.904-22%3.043-51%2.081-28%2.081-28%
Current Ratio--7.2488.283-13%10.056-28%7.792-7%7.792-7%
Debt To Asset Ratio--0.1560.149+5%0.155+1%0.459-66%0.459-66%
Debt To Equity Ratio--0.1850.175+6%0.184+1%0.278-33%0.278-33%
Dividend Per Share----0%-0%-0%-0%
Eps---0.342-0.310-10%-0.404+18%-0.319-7%-0.319-7%
Free Cash Flow Per Share---0.332-0.280-16%-0.439+32%-0.363+9%-0.363+9%
Free Cash Flow To Equity Per Share---0.333-0.297-11%-0.437+31%0.010-3419%0.010-3419%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Market Cap29205539.354+49%14943530.00017433606.500-14%109851287.500-86%115669829.556-87%115669829.556-87%
Net Profit Margin---0.146-100%-0%0.049-100%0.049-100%
Operating Margin----0.0530%-0%-0.0180%-0.0180%
Operating Ratio---0.309-100%-0%0.103-100%0.103-100%
Pb Ratio9.597+97%0.3280.295+11%1.138-71%0.670-51%0.670-51%
Pe Ratio-10.459-2824%-0.358-0.454+27%-2.291+540%-17.281+4732%-17.281+4732%
Price Per Share14.328+97%0.4900.556-12%3.618-86%3.611-86%3.611-86%
Price To Free Cash Flow Ratio-10.781-2824%-0.369-3.865+948%-2.068+461%-3.472+842%-3.472+842%
Price To Total Gains Ratio-42.410-2824%-1.450-7.973+450%-26.248+1710%-11.742+710%-11.742+710%
Quick Ratio--8.22311.304-27%17.141-52%27.145-70%27.145-70%
Return On Assets---0.194-0.118-39%-0.099-49%-0.130-33%-0.130-33%
Return On Equity---0.229-0.139-39%-0.118-48%-0.327+43%-0.327+43%
Total Gains Per Share---0.338-0.181-46%-0.575+70%0.124-372%0.124-372%
Usd Book Value--45531000.00059906750.000-24%94887250.000-52%63879408.583-29%63879408.583-29%
Usd Book Value Change Per Share---0.338-0.181-46%-0.575+70%0.124-372%0.124-372%
Usd Book Value Per Share--1.4931.904-22%3.043-51%2.081-28%2.081-28%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps---0.342-0.310-10%-0.404+18%-0.319-7%-0.319-7%
Usd Free Cash Flow---10133000.000-8450750.000-17%-14096750.000+39%-11516833.333+14%-11516833.333+14%
Usd Free Cash Flow Per Share---0.332-0.280-16%-0.439+32%-0.363+9%-0.363+9%
Usd Free Cash Flow To Equity Per Share---0.333-0.297-11%-0.437+31%0.010-3419%0.010-3419%
Usd Market Cap29205539.354+49%14943530.00017433606.500-14%109851287.500-86%115669829.556-87%115669829.556-87%
Usd Price Per Share14.328+97%0.4900.556-12%3.618-86%3.611-86%3.611-86%
Usd Profit---10445000.000-7113500.000-32%-10810500.000+3%-10002083.333-4%-10002083.333-4%
Usd Revenue---3125000.000-100%-0%1041666.667-100%1041666.667-100%
Usd Total Gains Per Share---0.338-0.181-46%-0.575+70%0.124-372%0.124-372%
 EOD+5 -3MRQTTM+3 -29YOY+15 -145Y+10 -2210Y+10 -22

4.2. Fundamental Score

Let's check the fundamental score of Surrozen Inc based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-10.459
Price to Book Ratio (EOD)Between0-19.597
Net Profit Margin (MRQ)Greater than00.000
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than18.223
Current Ratio (MRQ)Greater than17.248
Debt to Asset Ratio (MRQ)Less than10.156
Debt to Equity Ratio (MRQ)Less than10.185
Return on Equity (MRQ)Greater than0.15-0.229
Return on Assets (MRQ)Greater than0.05-0.194
Total4/10 (40.0%)

4.3. Technical Score

Let's check the technical score of Surrozen Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5063.930
Ma 20Greater thanMa 5013.489
Ma 50Greater thanMa 10011.329
Ma 100Greater thanMa 2009.554
OpenGreater thanClose13.650
Total4/5 (80.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2022-09-302022-12-312023-03-312023-06-302023-09-30
Total Other Income Expense Net 2481,1461,394-1,099295-30265-1,687-1,422



Latest Balance Sheet

Balance Sheet of 2023-09-30. Currency in USD. All numbers in thousands.

Summary
Total Assets53,973
Total Liabilities8,442
Total Stockholder Equity45,531
 As reported
Total Liabilities 8,442
Total Stockholder Equity+ 45,531
Total Assets = 53,973

Assets

Total Assets53,973
Total Current Assets48,357
Long-term Assets5,616
Total Current Assets
Cash And Cash Equivalents 33,975
Short-term Investments 9,457
Net Receivables 1,978
Other Current Assets 2,947
Total Current Assets  (as reported)48,357
Total Current Assets  (calculated)48,357
+/-0
Long-term Assets
Property Plant Equipment 4,814
Long-term Assets Other 376
Long-term Assets  (as reported)5,616
Long-term Assets  (calculated)5,190
+/- 426

Liabilities & Shareholders' Equity

Total Current Liabilities6,672
Long-term Liabilities1,770
Total Stockholder Equity45,531
Total Current Liabilities
Short-term Debt 2,432
Accounts payable 287
Other Current Liabilities 225
Total Current Liabilities  (as reported)6,672
Total Current Liabilities  (calculated)2,944
+/- 3,728
Long-term Liabilities
Capital Lease Obligations Min Short Term Debt1,527
Long-term Liabilities  (as reported)1,770
Long-term Liabilities  (calculated)1,527
+/- 243
Total Stockholder Equity
Common Stock3
Retained Earnings -212,782
Accumulated Other Comprehensive Income 1
Other Stockholders Equity 258,309
Total Stockholder Equity (as reported)45,531
Total Stockholder Equity (calculated)45,531
+/-0
Other
Capital Stock3
Cash and Short Term Investments 43,432
Common Stock Shares Outstanding 30,497
Current Deferred Revenue3,728
Liabilities and Stockholders Equity 53,973
Net Debt -30,016
Net Invested Capital 45,531
Net Working Capital 41,685
Property Plant and Equipment Gross 4,814
Short Long Term Debt Total 3,959



Balance Sheet

Currency in USD. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-03-31
> Total Assets 
0
0
62,060
93,436
39,347
150,636
137,174
117,655
104,127
91,434
89,435
74,200
63,999
53,973
53,97363,99974,20089,43591,434104,127117,655137,174150,63639,34793,43662,06000
   > Total Current Assets 
0
0
50,224
1,409
27,237
114,002
105,189
95,679
94,819
82,719
81,305
67,034
57,579
48,357
48,35757,57967,03481,30582,71994,81995,679105,189114,00227,2371,40950,22400
       Cash And Cash Equivalents 
0
0
34,982
775
18,850
61,096
33,091
14,305
16,866
25,531
24,690
27,809
36,496
33,975
33,97536,49627,80924,69025,53116,86614,30533,09161,09618,85077534,98200
       Short-term Investments 
0
0
14,200
92,027
6,598
49,071
68,760
78,209
75,823
52,864
51,148
33,937
16,899
9,457
9,45716,89933,93751,14852,86475,82378,20968,76049,0716,59892,02714,20000
       Net Receivables 
0
0
0
0
0
0
0
0
0
167
1,978
1,978
1,978
1,978
1,9781,9781,9781,978167000000000
       Other Current Assets 
0
0
1,042
634
1,789
676
3,338
3,165
2,130
780
3,489
3,310
2,206
2,947
2,9472,2063,3103,4897802,1303,1653,3386761,7896341,04200
   > Long-term Assets 
0
0
11,836
92,027
12,110
36,634
31,985
21,976
9,308
8,715
8,130
7,166
6,420
5,616
5,6166,4207,1668,1308,7159,30821,97631,98536,63412,11092,02711,83600
       Property Plant Equipment 
0
0
11,392
10,685
10,321
10,049
9,376
8,887
8,037
7,464
6,898
6,345
5,621
4,814
4,8145,6216,3456,8987,4648,0378,8879,37610,04910,32110,68511,39200
       Long Term Investments 
0
0
0
0
0
25,255
21,655
11,780
0
0
0
0
0
0
00000011,78021,65525,25500000
       Other Assets 
0
0
0
712
1,789
1,330
954
1,309
1,271
1,251
0
0
799
0
0799001,2511,2711,3099541,3301,789712000
       Deferred Long Term Asset Charges 
0
0
51
0
0
0
0
0
0
0
0
0
0
0
000000000005100
> Total Liabilities 
0
0
14,767
6,808
149,622
26,905
27,474
14,993
14,431
13,943
13,434
11,163
8,941
8,442
8,4428,94111,16313,43413,94314,43114,99327,47426,905149,6226,80814,76700
   > Total Current Liabilities 
0
0
7,278
987
9,972
12,541
13,573
8,115
8,524
8,654
9,732
7,789
6,451
6,672
6,6726,4517,7899,7328,6548,5248,11513,57312,5419,9729877,27800
       Short-term Debt 
0
0
2,108
0
2,009
2,215
2,193
2,143
2,094
2,159
2,226
2,294
2,364
2,432
2,4322,3642,2942,2262,1592,0942,1432,1932,2152,00902,10800
       Accounts payable 
0
0
1,776
987
1,405
1,831
2,718
1,045
418
362
658
171
186
287
2871861716583624181,0452,7181,8311,4059871,77600
       Other Current Liabilities 
0
0
416
987
296
287
589
4,927
6,012
6,133
6,848
5,324
212
225
2252125,3246,8486,1336,0124,92758928729698741600
   > Long-term Liabilities 
0
0
7,489
5,821
139,650
14,364
13,901
6,878
5,907
5,289
3,702
3,374
2,490
1,770
1,7702,4903,3743,7025,2895,9076,87813,90114,364139,6505,8217,48900
       Deferred Long Term Asset Charges 
0
0
51
0
0
0
0
0
0
0
0
0
0
0
000000000005100
       Warrants
0
0
0
81,628
78,044
0
0
0
0
0
0
0
0
0
00000000078,04481,628000
       Other Liabilities 
0
0
0
0
0
8,308
8,301
1,804
1,382
1,332
0
0
326
0
0326001,3321,3821,8048,3018,30800000
> Total Stockholder Equity
0
0
47,293
5,000
-110,275
123,731
109,700
102,662
89,696
77,491
76,001
63,037
55,058
45,531
45,53155,05863,03776,00177,49189,696102,662109,700123,731-110,2755,00047,29300
   Common Stock
0
0
2
81,628
1
4
4
4
4
4
3
3
3
3
333344444181,628200
   Retained Earnings Total Equity00000-164,521-150,5960-127,695-5,939-2,355-500
   Accumulated Other Comprehensive Income 
0
0
0
0
0
-16
-119
-429
-476
-424
-241
-50
5
1
15-50-241-424-476-429-119-1600000
   Capital Surplus 
0
0
25
7,355
10,939
251,438
0
253,683
254,689
0
0
0
0
0
00000254,689253,6830251,43810,9397,3552500
   Treasury Stock00000000000000
   Other Stockholders Equity 
0
0
135,292
-74,273
3,400
251,438
252,464
253,683
254,689
255,789
254,892
256,034
257,387
258,309
258,309257,387256,034254,892255,789254,689253,683252,464251,4383,400-74,273135,29200



Balance Sheet

Currency in USD. All numbers in thousands.




Cash Flow

Currency in USD. All numbers in thousands.




Income Statement

Currency in USD. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue12,500
Cost of Revenue--
Gross Profit-12,500
 
Operating Income (+$)
Gross Profit-
Operating Expense-48,013
Operating Income-35,513-48,013
 
Operating Expense (+$)
Research Development30,572
Selling General Administrative17,441
Selling And Marketing Expenses-
Operating Expense48,01348,013
 
Net Interest Income (+$)
Interest Income2,305
Interest Expense--
Other Finance Cost-0
Net Interest Income2,305
 
Pretax Income (+$)
Operating Income-35,513
Net Interest Income2,305
Other Non-Operating Income Expenses-
Income Before Tax (EBT)-34,904-33,817
EBIT - interestExpense = 0
-34,904
-34,904
Interest Expense-
Earnings Before Interest and Taxes (EBIT)--34,904
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax-34,904
Tax Provision--
Net Income From Continuing Ops-34,904-34,904
Net Income-34,904
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net-1,696-2,305
 

Technical Analysis of Surrozen
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Surrozen. The general trend of Surrozen is BULLISH with 100.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Surrozen's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (100.0%) Bearish trend (-100.0%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Surrozen Inc.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is -1/(-1 +1).

  • Around resistance: The price is trading arround resistance levels. This can be considered as a potential exit level. -1

The bullish price targets are: 14.40 < 16.65 < 18.00.

The bearish price targets are: 12.50 > 10.82 > 7.5.

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Surrozen Inc Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Surrozen Inc. The current mas is .

The long score for the Moving Averages is 14/14.
The longshort score for the Moving Averages is 14/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Surrozen Inc Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Surrozen Inc. The current macd is 0.63244453.

The long score for the Moving Average Convergence/Divergence (MACD) is 2/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 0/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Surrozen price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Surrozen. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Surrozen price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Surrozen Inc Daily Moving Average Convergence/Divergence (MACD) ChartSurrozen Inc Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Surrozen Inc. The current adx is 24.88.

The long score for the Directional Movement Index (DMI) is 2/7.
The longshort score for the Directional Movement Index (DMI) is 2/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Surrozen shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bullish trend could be forming. +1
Surrozen Inc Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Surrozen Inc. The current sar is 12.28.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Surrozen Inc Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Surrozen Inc. The current rsi is 63.93. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 4/13.
The longshort score for the Relative Strength Index (RSI) is 4/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending up: The RSI is trending up. +1
Surrozen Inc Daily Relative Strength Index (RSI) ChartSurrozen Inc Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Surrozen Inc. The current phase is Overbought in bull market.

The long score for the Stochastic Oscillator is 6/6.
The longshort score for the Stochastic Oscillator is 6/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Surrozen price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Surrozen Inc Daily Stochastic Oscillator ChartSurrozen Inc Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Surrozen Inc. The current cci is 186.07.

The long score for the Commodity Channel Index (CCI) is 1/1.
The longshort score for the Commodity Channel Index (CCI) is 1/(-1 +1).

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
Surrozen Inc Daily Commodity Channel Index (CCI) ChartSurrozen Inc Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Surrozen Inc. The current cmo is 30.95.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Surrozen Inc Daily Chande Momentum Oscillator (CMO) ChartSurrozen Inc Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Surrozen Inc. The current willr is -3.78421053.

The long score for the Williams %R is 1/1.
The longshort score for the Williams %R is 1/(-1 +1).

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
Surrozen Inc Daily Williams %R ChartSurrozen Inc Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Surrozen Inc.

Surrozen Inc Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Surrozen Inc. The current atr is 0.8615194.

Surrozen Inc Daily Average True Range (ATR) ChartSurrozen Inc Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Surrozen Inc. The current obv is 2,218,189.

Surrozen Inc Daily On-Balance Volume (OBV) ChartSurrozen Inc Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Surrozen Inc. The current mfi is 63.35.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
Surrozen Inc Daily Money Flow Index (MFI) ChartSurrozen Inc Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Surrozen Inc.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-03CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-06STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-07STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-08CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-09MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-13STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-16MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-17CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-20WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-21DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-22STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-27DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-29STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-30STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-01STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-04WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-06STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-07STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-08STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-12CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-13CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-14SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-18STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-20MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-22STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-26CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-27STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-28STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-02STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-08RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-09STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-11SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-16CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-18DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-01-19WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-22STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-24STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-26STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-29MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-30WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-31SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-02-02DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-05DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-06MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-07ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-08STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-13CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-14ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-16STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-20STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-22RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-02-23SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-27STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-28CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-01STOCH LONG EXITThe %K line crosses below the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-04STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-05SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-03-07STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-08MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-03-11STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-13STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-14STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-15STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-18STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-20CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-27STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.

6.3. Candlestick Patterns

Surrozen Inc Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Surrozen Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5063.930
Ma 20Greater thanMa 5013.489
Ma 50Greater thanMa 10011.329
Ma 100Greater thanMa 2009.554
OpenGreater thanClose13.650
Total4/5 (80.0%)
Penke

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