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The closing price of Target Hospitality Corp (NASDAQ: TH) was $7.22 for the day, down -0.41% from the previous closing price of $7.25. In other words, the price has decreased by -$0.41 from its previous closing price. On the day, 0.74 million shares were traded.
Ratios:
Our analysis of TH’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 20.81 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.08. For the most recent quarter (mrq), Quick Ratio is recorded 1.97 and its Current Ratio is at 1.97. In the meantime, Its Debt-to-Equity ratio is 0.13 whereas as Long-Term Debt/Eq ratio is at 0.11.
Stifel Downgraded its Buy to Hold on April 12, 2024, whereas the target price for the stock was revised from $13 to $12.
Valuation Measures:
As of this moment, Target’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.46. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.05 while its Price-to-Book (P/B) ratio in mrq is 1.73.
Stock Price History:
Over the past 52 weeks, TH has reached a high of $11.56, while it has fallen to a 52-week low of $4.00. The 50-Day Moving Average of the stock is 9.33%, while the 200-Day Moving Average is calculated to be -12.10%.
Shares Statistics:
A total of 99.36M shares are outstanding, with a floating share count of 32.21M. Insiders hold about 67.58% of the company’s shares, while institutions hold 30.26% stake in the company.
