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.
After finishing at $1.17 in the prior trading day, Hoth Therapeutics Inc (NASDAQ: HOTH) closed at $1.06, down -9.40%. In other words, the price has decreased by -$9.40 from its previous closing price. On the day, 1.39 million shares were traded. HOTH stock price reached its highest trading level at $1.185 during the session, while it also had its lowest trading level at $1.04.
Ratios:
Our goal is to gain a better understanding of HOTH by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 10.16 and its Current Ratio is at 10.16. 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.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 16 ’24 when Knie Robb bought 25,000 shares for $0.67 per share. The transaction valued at 16,750 led to the insider holds 58,131 shares of the business.
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 15514371 and an Enterprise Value of -670923.
Stock Price History:
The Beta on a monthly basis for HOTH is 0.58, which has changed by -0.27397263 over the last 52 weeks, in comparison to a change of 0.07465422 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 $0.58. The 50-Day Moving Average of the stock is -13.46%, while the 200-Day Moving Average is calculated to be 11.27%.
Shares Statistics:
The stock has traded on average 9.33M shares per day over the past 3-months and 840210 shares per day over the last 10 days, according to various share statistics. A total of 13.15M shares are outstanding, with a floating share count of 13.08M. Insiders hold about 0.49% of the company’s shares, while institutions hold 1.86% stake in the company. Shares short for HOTH as of 1740700800 were 174064 with a Short Ratio of 0.02, compared to 1738281600 on 326484. Therefore, it implies a Short% of Shares Outstanding of 174064 and a Short% of Float of 1.3300001000000001.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
