Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The closing price of HCM II Acquisition Corp (NASDAQ: HOND) was $17.09 for the day, down -1.73% from the previous closing price of $17.39. In other words, the price has decreased by -$1.73 from its previous closing price. On the day, 1.31 million shares were traded. HOND stock price reached its highest trading level at $18.24 during the session, while it also had its lowest trading level at $17.0.
Ratios:
Our analysis of HOND’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.12 and its Current Ratio is at 0.12. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HOND now has a Market Capitalization of 491337504 and an Enterprise Value of 491213408. As of this moment, HCM’s Price-to-Earnings (P/E) ratio for their current fiscal year is 103.39.
Stock Price History:
The Beta on a monthly basis for HOND is 0.44, which has changed by 0.71414244 over the last 52 weeks, in comparison to a change of 0.16845357 over the same period for the S&P500. Over the past 52 weeks, HOND has reached a high of $19.60, while it has fallen to a 52-week low of $9.90. The 50-Day Moving Average of the stock is 33.00%, while the 200-Day Moving Average is calculated to be 52.60%.
Shares Statistics:
HOND traded an average of 1.00M shares per day over the past three months and 2349440 shares per day over the past ten days. A total of 23.00M shares are outstanding, with a floating share count of 22.13M. Insiders hold about 23.01% of the company’s shares, while institutions hold 76.26% stake in the company. Shares short for HOND as of 1757894400 were 45339 with a Short Ratio of 0.05, compared to 1755216000 on 47788. Therefore, it implies a Short% of Shares Outstanding of 45339 and a Short% of Float of 0.2.
