Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
Solana Co (NASDAQ: HSDT) closed the day trading at $2.87 down -7.42% from the previous closing price of $3.1. In other words, the price has decreased by -$7.42 from its previous closing price. On the day, 0.55 million shares were traded. HSDT stock price reached its highest trading level at $3.18 during the session, while it also had its lowest trading level at $2.62.
Ratios:
For a better understanding of HSDT, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 39.67 and its Current Ratio is at 40.03.
Upgrades & Downgrades
In the most recent recommendation for this company, Noble Capital Markets on March 24, 2021, initiated with a Outperform rating and assigned the stock a target price of $20.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HSDT now has a Market Capitalization of 118535016 and an Enterprise Value of -5515982. For the stock, the TTM Price-to-Sale (P/S) ratio is 126.10. Its current Enterprise Value per Revenue stands at -5.862 whereas that against EBITDA is 0.376.
Stock Price History:
The Beta on a monthly basis for HSDT is 1.03, which has changed by -0.9913889 over the last 52 weeks, in comparison to a change of 0.15905356 over the same period for the S&P500. Over the past 52 weeks, HSDT has reached a high of $1200.00, while it has fallen to a 52-week low of $2.83. The 50-Day Moving Average of the stock is -54.08%, while the 200-Day Moving Average is calculated to be -96.69%.
Shares Statistics:
Over the past 3-months, HSDT traded about 899.20K shares per day on average, while over the past 10 days, HSDT traded about 473930 shares per day. A total of 40.30M shares are outstanding, with a floating share count of 23.74M. Insiders hold about 42.52% of the company’s shares, while institutions hold 23.88% stake in the company. Shares short for HSDT as of 1764288000 were 589312 with a Short Ratio of 0.66, compared to 1761868800 on 694061. Therefore, it implies a Short% of Shares Outstanding of 589312 and a Short% of Float of 1.71.
Earnings Estimates
Investors are eagerly awaiting the insights provided by 1.0 analysts currently analyzing and rating the stock of Solana Co (HSDT).
Analysts are recommending an EPS of between -$253.5 and -$253.5 for the fiscal current year, implying an average EPS of -$253.5. EPS for the following year is -$64.5, with 1.0 analysts recommending between -$64.5 and -$64.5.
Revenue Estimates
1 analysts predict $140k in revenue for. The current quarter. It ranges from a high estimate of $140k to a low estimate of $140k. As of. The current estimate, Solana Co’s year-ago sales were $152k
A total of 1 analysts have provided revenue estimates for HSDT’s current fiscal year. The highest revenue estimate was $374k, while the lowest revenue estimate was $374k, resulting in an average revenue estimate of $374k. In the same quarter a year ago, actual revenue was $520kBased on 1 analysts’ estimates, the company’s revenue will be $655k in the next fiscal year. The high estimate is $655k and the low estimate is $655k.
