Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
Helius Medical Technologies Inc (NASDAQ: HSDT) closed the day trading at $0.87 down -20.64% from the previous closing price of $1.09. In other words, the price has decreased by -$20.64 from its previous closing price. On the day, 5.26 million shares were traded. HSDT stock price reached its highest trading level at $0.9 during the session, while it also had its lowest trading level at $0.785.
Ratios:
For a better understanding of HSDT, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.13 and its Current Ratio is at 1.69. 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, 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 456733 and an Enterprise Value of -652226. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.07 while its Price-to-Book (P/B) ratio in mrq is 0.28. Its current Enterprise Value per Revenue stands at -1.503 whereas that against EBITDA is 0.045.
Stock Price History:
The Beta on a monthly basis for HSDT is 1.12, which has changed by -0.9485119 over the last 52 weeks, in comparison to a change of 0.11730647 over the same period for the S&P500. Over the past 52 weeks, HSDT has reached a high of $24.00, while it has fallen to a 52-week low of $0.80. The 50-Day Moving Average of the stock is -79.77%, while the 200-Day Moving Average is calculated to be -88.99%.
Shares Statistics:
Over the past 3-months, HSDT traded about 725.07K shares per day on average, while over the past 10 days, HSDT traded about 5108440 shares per day. A total of 0.53M shares are outstanding, with a floating share count of 0.52M. Insiders hold about 0.93% of the company’s shares, while institutions hold 2.56% stake in the company. Shares short for HSDT as of 1747267200 were 7777 with a Short Ratio of 0.01, compared to 1744675200 on 1155. Therefore, it implies a Short% of Shares Outstanding of 7777 and a Short% of Float of 1.47.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
