<div id="readability-page-1"><p>Structure Therapeutics Inc. (NASDAQ:GPCR - Get Free Report)'s stock price shot up 7.5% during mid-day trading on Wednesday . The stock traded as high as $17.16 and last traded at $16.97. 584,887 shares were traded  during mid-day trading, a decline of 31% from the average session volume of 850,763 shares. The stock had previously closed at $15.79.</p><div><p><span></span><span>Get <strong>Structure Therapeutics</strong> alerts:</span></p></div><h2>Wall Street Analysts Forecast Growth</h2><ul><li>Can Roche Challenge Lilly and Novo in the Weight Loss Market?</li></ul><p>Several brokerages have recently commented on GPCR. Stifel Nicolaus started coverage on Structure Therapeutics in a research note on Wednesday, January 8th. They set a &#34;buy&#34; rating and a $50.00 target price for the company. JMP Securities  reiterated a &#34;market outperform&#34; rating and issued a $91.00 price target on shares of Structure Therapeutics in a research note on Wednesday, December 18th. William Blair initiated coverage on Structure Therapeutics in a research report on Friday, February 28th. They issued an &#34;outperform&#34; rating on the stock. Finally, HC Wainwright  reaffirmed a &#34;buy&#34; rating and issued a $80.00 price objective on shares of Structure Therapeutics in a report on Thursday, December 19th. Eight analysts have rated the stock with a buy rating,  According to MarketBeat, the company currently has a consensus rating of &#34;Buy&#34; and an average target price of $81.29.</p><p><b>Read Our Latest Stock Report on GPCR</b></p><h2>Structure Therapeutics Trading Down 7.4 %</h2><ul><li>Novo Nordisk’s Setback Won’t Last: A Game-Changing Drug Emerges</li></ul><p>The stock has a market capitalization of $867.03 million, a P/E ratio of -20.43 and a beta of -2.37. The business has a 50-day moving average price of $23.29 and a two-hundred day moving average price of $30.63. </p><p>Structure Therapeutics (NASDAQ:GPCR - Get Free Report) last issued its earnings results on Thursday, February 27th. The company reported ($0.22) EPS for the quarter, beating the consensus estimate of ($0.23) by $0.01.  On average, sell-side analysts forecast that  Structure Therapeutics Inc. will post -0.82 earnings per share for the current fiscal year. </p><h2>Institutional Investors Weigh In On Structure Therapeutics</h2><ul><li>Altimmune Stock: Is Its GLP-1 Drug the Next Ozempic Killer?</li></ul><p>Several institutional investors and hedge funds have recently added to or reduced their stakes in GPCR. Deep Track Capital LP raised its holdings in shares of  Structure Therapeutics by 129.4% during the 4th quarter. Deep Track Capital LP now owns 2,800,000 shares of the company's stock worth $75,936,000 after buying an additional 1,579,492 shares in the last quarter.  Point72 Asset Management L.P. lifted its holdings in shares of  Structure Therapeutics by 196.5% in the third quarter. Point72 Asset Management L.P. now owns 1,238,268 shares of the company's stock worth $54,348,000 after acquiring an additional 820,589 shares during the last quarter.  Vestal Point Capital LP boosted its stake in shares of  Structure Therapeutics by 50.0% in the 4th quarter. Vestal Point Capital LP now owns 1,725,000 shares of the company's stock valued at $46,782,000 after purchasing an additional 575,000 shares in the last quarter.  Boxer Capital Management LLC bought a new stake in shares of  Structure Therapeutics during the 4th quarter valued at approximately $13,560,000.  Finally, Marshall Wace LLP increased its position in  Structure Therapeutics by 339.6% during the 4th quarter. Marshall Wace LLP now owns 583,207 shares of the company's stock worth $15,817,000 after purchasing an additional 450,531 shares in the last quarter. 91.78% of the stock is currently owned by institutional investors. </p><h2>About Structure Therapeutics</h2> (Get Free Report)<p>Structure Therapeutics Inc, a clinical stage global biopharmaceutical company, develops and delivers novel oral therapeutics to treat a range of chronic diseases with unmet medical needs. The company's lead product candidate is GSBR-1290, an oral and biased small molecule agonist of glucagon-like-peptide-1 receptor, a validated G-protein-coupled receptors (GPCRs) drug target for type-2 diabetes mellitus and obesity.</p><h2>Read More</h2><ul><li>Five stocks we like better than Structure Therapeutics</li><li>Stock Analyst Ratings and Canadian Analyst Ratings</li><li>Archer Aviation’s Africa Deal Could Boost ACHR Stock</li><li>What is the Shanghai Stock Exchange Composite Index?</li><li>Are Short Sellers Wrong About These 3 Semiconductor Stocks?</li><li>Profitably Trade Stocks at 52-Week Highs</li><li>Boeing Gets $50B in March Orders—Is BA Stock a Buy Now?</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Structure Therapeutics Right Now?</h2><p>Before you consider Structure Therapeutics, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Structure Therapeutics wasn't on the list.</p><p>While Structure Therapeutics currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

GPCR

<p>Structure Therapeutics (NASDAQ:GPCR) shares rose 7.5% to $16.97 during mid-day trading, with 584,887 shares traded. Analysts have given the stock a consensus "Buy" rating, with target prices ranging from $50 to $91. The company reported a quarterly EPS of ($0.22), beating estimates. Institutional investors hold 91.78% of the stock, with significant increases in holdings from several firms. Structure Therapeutics focuses on developing oral therapeutics for chronic diseases, including type-2 diabetes and obesity.</p>

Structure Therapeutics (NASDAQ:GPCR) Shares Up 7.5% - What's Next?