In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
In the latest session, Hoth Therapeutics Inc (NASDAQ: HOTH) closed at $1.94 up 7.78% from its previous closing price of $1.8. In other words, the price has increased by $7.78 from its previous closing price. On the day, 1.0 million shares were traded. HOTH stock price reached its highest trading level at $1.95 during the session, while it also had its lowest trading level at $1.75.
Ratios:
For a deeper understanding of Hoth Therapeutics Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 27.57 and its Current Ratio is at 27.57. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of . The stock’s future direction. In the most recent recommendation for this company, The Benchmark Company on October 15, 2019, initiated with a Speculative Buy rating and assigned the stock a target price of $10.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HOTH now has a Market Capitalization of 25722514 and an Enterprise Value of 16729730.
Stock Price History:
The Beta on a monthly basis for HOTH is 0.69, which has changed by 1.2558138 over the last 52 weeks, in comparison to a change of 0.1675967 over the same period for the S&P500. Over the past 52 weeks, HOTH has reached a high of $3.80, while it has fallen to a 52-week low of $0.65. The 50-Day Moving Average of the stock is 40.07%, while the 200-Day Moving Average is calculated to be 70.19%.
Shares Statistics:
For the past three months, HOTH has traded an average of 958.82K shares per day and 1647160 over the past ten days. A total of 13.23M shares are outstanding, with a floating share count of 12.70M. Insiders hold about 4.21% of the company’s shares, while institutions hold 2.00% stake in the company. Shares short for HOTH as of 1756425600 were 124083 with a Short Ratio of 0.13, compared to 1753920000 on 305064. Therefore, it implies a Short% of Shares Outstanding of 124083 and a Short% of Float of 0.9400000000000001.
Earnings Estimates
As of right now, 1.0 analysts gave their recommendation on the stock of the company. The consensus estimate for the next quarter is -$0.08, with high estimates of -$0.08 and low estimates of -$0.08.
Analysts are recommending an EPS of between -$0.59 and -$0.59 for the fiscal current year, implying an average EPS of -$0.59. EPS for the following year is -$0.43, with 1.0 analysts recommending between -$0.43 and -$0.43.
