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Helius Medical Technologies Inc (NASDAQ: HSDT) closed the day trading at $0.56 down -16.76% from the previous closing price of $0.67. In other words, the price has decreased by -$16.76 from its previous closing price. On the day, 0.89 million shares were traded. HSDT stock price reached its highest trading level at $0.701 during the session, while it also had its lowest trading level at $0.55.
Ratios:
For a better understanding of HSDT, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.80 and its Current Ratio is at 4.20. In the meantime, Its Debt-to-Equity ratio is 0.01 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.
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 Dec 14 ’23 when ANDREEFF DANE bought 5,000 shares for $8.10 per share. The transaction valued at 40,475 led to the insider holds 16,512 shares of the business.
ANDREEFF DANE bought 2,006 shares of HSDT for $12,935 on Dec 01 ’23. The President and CEO now owns 13,685 shares after completing the transaction at $6.45 per share. On Nov 30 ’23, another insider, ANDREEFF DANE, who serves as the President and CEO of the company, bought 2,000 shares for $6.37 each. As a result, the insider paid 12,741 and bolstered with 12,551 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, HSDT now has a Market Capitalization of 2411429 and an Enterprise Value of -4344681. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.41 while its Price-to-Book (P/B) ratio in mrq is 0.28. Its current Enterprise Value per Revenue stands at -7.314 whereas that against EBITDA is 0.367.
Stock Price History:
Over the past 52 weeks, HSDT has reached a high of $9.89, while it has fallen to a 52-week low of $0.65. The 50-Day Moving Average of the stock is -26.85%, while the 200-Day Moving Average is calculated to be -84.36%.
Shares Statistics:
Over the past 3-months, HSDT traded about 224.26K shares per day on average, while over the past 10 days, HSDT traded about 201890 shares per day. A total of 3.58M shares are outstanding, with a floating share count of 3.52M. Insiders hold about 1.48% of the company’s shares, while institutions hold 5.10% stake in the company. Shares short for HSDT as of 1726185600 were 120790 with a Short Ratio of 0.54, compared to 1723680000 on 31313. Therefore, it implies a Short% of Shares Outstanding of 120790 and a Short% of Float of 3.42.
