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The closing price of Enhabit Inc (NYSE: EHAB) was $8.10 for the day, up 3.32% from the previous closing price of $7.84. In other words, the price has increased by $3.32 from its previous closing price. On the day, 0.54 million shares were traded. EHAB stock price reached its highest trading level at $8.15 during the session, while it also had its lowest trading level at $7.81.
Ratios:
Our analysis of EHAB’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 13.49 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.71. For the most recent quarter (mrq), Quick Ratio is recorded 1.48 and its Current Ratio is at 1.48. In the meantime, Its Debt-to-Equity ratio is 0.88 whereas as Long-Term Debt/Eq ratio is at 0.83.
On May 09, 2024, Jefferies Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $14 to $8.75.
UBS Upgraded its Sell to Neutral on March 07, 2024, while the target price for the stock was maintained at $9.50.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Aug 22 ’24 when Bolton Jeffrey bought 5,000 shares for $8.01 per share. The transaction valued at 40,050 led to the insider holds 78,877 shares of the business.
Bolton Jeffrey bought 5,000 shares of EHAB for $41,450 on Aug 09 ’24. The Director now owns 73,877 shares after completing the transaction at $8.29 per share. On Aug 08 ’24, another insider, Bolton Jeffrey, who serves as the Director of the company, bought 2,000 shares for $8.60 each. As a result, the insider paid 17,200 and bolstered with 68,877 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, EHAB now has a Market Capitalization of 407294752 and an Enterprise Value of 999694784. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.39 while its Price-to-Book (P/B) ratio in mrq is 0.60. Its current Enterprise Value per Revenue stands at 0.959 whereas that against EBITDA is 14.788.
Stock Price History:
Over the past 52 weeks, EHAB has reached a high of $12.99, while it has fallen to a 52-week low of $7.12. The 50-Day Moving Average of the stock is -8.54%, while the 200-Day Moving Average is calculated to be -16.12%.
Shares Statistics:
EHAB traded an average of 547.42K shares per day over the past three months and 683300 shares per day over the past ten days. A total of 50.05M shares are outstanding, with a floating share count of 44.00M. Insiders hold about 12.49% of the company’s shares, while institutions hold 98.84% stake in the company. Shares short for EHAB as of 1724976000 were 3301605 with a Short Ratio of 6.03, compared to 1722384000 on 2677146. Therefore, it implies a Short% of Shares Outstanding of 3301605 and a Short% of Float of 10.89.
