Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
As of close of business last night, Heron Therapeutics Inc’s stock clocked out at $1.58, up 3.27% from its previous closing price of $1.53. In other words, the price has increased by $3.27 from its previous closing price. On the day, 2.57 million shares were traded. HRTX stock price reached its highest trading level at $1.62 during the session, while it also had its lowest trading level at $1.46.
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 1.74 and its Current Ratio is at 2.28.
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 240310112 and an Enterprise Value of 347665952. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.80. Its current Enterprise Value per Revenue stands at 2.524 whereas that against EBITDA is -61.048.
Stock Price History:
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 0.61%, while the 200-Day Moving Average is calculated to be -34.62%.
Shares Statistics:
It appears that HRTX traded 3.22M shares on average per day over the past three months and 2667750 shares per day over the past ten days. A total of 151.70M shares are outstanding, with a floating share count of 151.02M. Insiders hold about 0.71% of the company’s shares, while institutions hold 80.25% stake in the company. Shares short for HRTX as of 1732838400 were 27544540 with a Short Ratio of 8.55, compared to 1730332800 on 28810535. Therefore, it implies a Short% of Shares Outstanding of 27544540 and a Short% of Float of 23.400000000000002.
