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After finishing at $0.60 in the prior trading day, Hoth Therapeutics Inc (NASDAQ: HOTH) closed at $0.62, up 2.00%. In other words, the price has increased by $2.00 from its previous closing price. On the day, 3.37 million shares were traded. HOTH stock price reached its highest trading level at $0.6486 during the session, while it also had its lowest trading level at $0.59.
Ratios:
Our goal is to gain a better understanding of HOTH by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 14.62 and its Current Ratio is at 14.62. 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.
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 4259644 and an Enterprise Value of -4531986.
Stock Price History:
The Beta on a monthly basis for HOTH is 0.82, which has changed by -0.7479167 over the last 52 weeks, in comparison to a change of 0.24841464 over the same period for the S&P500. Over the past 52 weeks, HOTH has reached a high of $3.37, while it has fallen to a 52-week low of $0.58. The 50-Day Moving Average of the stock is -28.52%, while the 200-Day Moving Average is calculated to be -47.07%.
Shares Statistics:
The stock has traded on average 724.46K shares per day over the past 3-months and 111830 shares per day over the last 10 days, according to various share statistics. A total of 6.90M shares are outstanding, with a floating share count of 6.85M. Insiders hold about 0.73% of the company’s shares, while institutions hold 5.05% stake in the company. Shares short for HOTH as of 1721001600 were 56778 with a Short Ratio of 0.49, compared to 1718323200 on 104747. Therefore, it implies a Short% of Shares Outstanding of 56778 and a Short% of Float of 1.0699999999999998.
