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Hoth Therapeutics Inc (NASDAQ: HOTH) closed the day trading at $0.76 down -3.43% from the previous closing price of $0.79. In other words, the price has decreased by -$3.43 from its previous closing price. On the day, 8.53 million shares were traded. HOTH stock price reached its highest trading level at $0.8174 during the session, while it also had its lowest trading level at $0.7011.
Ratios:
For a better understanding of HOTH, let’s 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 5246888 and an Enterprise Value of -2396874.
Stock Price History:
Over the past 52 weeks, HOTH has reached a high of $1.73, while it has fallen to a 52-week low of $0.58. The 50-Day Moving Average of the stock is -10.55%, while the 200-Day Moving Average is calculated to be -21.73%.
Shares Statistics:
Over the past 3-months, HOTH traded about 952.91K shares per day on average, while over the past 10 days, HOTH traded about 86110 shares per day. A total of 6.90M shares are outstanding, with a floating share count of 6.84M. Insiders hold about 0.93% of the company’s shares, while institutions hold 5.31% stake in the company. Shares short for HOTH as of 1732838400 were 458042 with a Short Ratio of 0.31, compared to 1730332800 on 620780. Therefore, it implies a Short% of Shares Outstanding of 458042 and a Short% of Float of 6.670000399999999.
