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The closing price of HCM II Acquisition Corp (NASDAQ: HOND) was $27.1 for the day, up 8.49% from the previous closing price of $24.98. In other words, the price has increased by $8.49 from its previous closing price. On the day, 11.62 million shares were traded. HOND stock price reached its highest trading level at $31.47 during the session, while it also had its lowest trading level at $24.0614.
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 779124992 and an Enterprise Value of 779000896. As of this moment, HCM’s Price-to-Earnings (P/E) ratio for their current fiscal year is 163.94.
Stock Price History:
The Beta on a monthly basis for HOND is -0.21, which has changed by 1.5055165 over the last 52 weeks, in comparison to a change of 0.14201736 over the same period for the S&P500. Over the past 52 weeks, HOND has reached a high of $26.00, while it has fallen to a 52-week low of $9.96. The 50-Day Moving Average of the stock is 94.18%, while the 200-Day Moving Average is calculated to be 135.67%.
Shares Statistics:
HOND traded an average of 1.20M shares per day over the past three months and 2515400 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 76.21% stake in the company. Shares short for HOND as of 1759190400 were 158053 with a Short Ratio of 0.13, compared to 1756425600 on 45281. Therefore, it implies a Short% of Shares Outstanding of 158053 and a Short% of Float of 0.69.