The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
As of close of business last night, Heron Therapeutics Inc’s stock clocked out at $2.42, up 3.42% from its previous closing price of $2.34. In other words, the price has increased by $3.42 from its previous closing price. On the day, 1.11 million shares were traded. HRTX stock price reached its highest trading level at $2.455 during the session, while it also had its lowest trading level at $2.285.
Ratios:
To gain a deeper understanding of HRTX’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.70 and its Current Ratio is at 2.29.
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, Rodman & Renshaw on June 13, 2024, initiated with a Buy rating and assigned the stock a target price of $7.
On April 23, 2024, CapitalOne started tracking the stock assigning a Overweight rating and target price of $6.
Needham reiterated its Buy rating for the stock on March 13, 2024, while the target price for the stock was revised from $4 to $5.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HRTX now has a Market Capitalization of 368638624 and an Enterprise Value of 487879264. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.56. Its current Enterprise Value per Revenue stands at 3.381 whereas that against EBITDA is -53.993.
Stock Price History:
The Beta on a monthly basis for HRTX is 1.34, which has changed by -0.05098039 over the last 52 weeks, in comparison to a change of 0.09969199 over the same period for the S&P500. Over the past 52 weeks, HRTX has reached a high of $3.93, while it has fallen to a 52-week low of $1.04. The 50-Day Moving Average of the stock is 12.40%, while the 200-Day Moving Average is calculated to be 24.42%.
Shares Statistics:
It appears that HRTX traded 1.64M shares on average per day over the past three months and 1021070 shares per day over the past ten days. A total of 152.13M shares are outstanding, with a floating share count of 150.92M. Insiders hold about 0.93% of the company’s shares, while institutions hold 76.38% stake in the company. Shares short for HRTX as of 1744675200 were 32964019 with a Short Ratio of 20.10, compared to 1741910400 on 32069271. Therefore, it implies a Short% of Shares Outstanding of 32964019 and a Short% of Float of 27.939999999999998.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
