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After finishing at $5.44 in the prior trading day, Humacyte Inc (NASDAQ: HUMA) closed at $5.49, up 1.01%. In other words, the price has increased by $1.01 from its previous closing price. On the day, 2.46 million shares were traded. HUMA stock price reached its highest trading level at $5.5697 during the session, while it also had its lowest trading level at $5.17.
Ratios:
Our goal is to gain a better understanding of HUMA by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 5.41 and its Current Ratio is at 5.41.
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, H.C. Wainwright on December 11, 2023, initiated with a Buy rating and assigned the stock a target price of $6.
On August 14, 2023, Piper Sandler Upgraded its rating to Neutral which previously was Underweight and also upped its target price recommendation from $2.75 to $3.50.
On June 22, 2023, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $6.Cantor Fitzgerald initiated its Overweight rating on June 22, 2023, with a $6 target price.
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 Sep 10 ’24 when Sebelius Kathleen sold 5,182 shares for $5.40 per share. The transaction valued at 28,004 led to the insider holds 40,276 shares of the business.
Dougan Brady W sold 288,674 shares of HUMA for $1,509,765 on Sep 10 ’24. The Director now owns 3,230,884 shares after completing the transaction at $5.23 per share. On Sep 09 ’24, another insider, Dougan Brady W, who serves as the Director of the company, sold 157,704 shares for $5.42 each. As a result, the insider received 854,756 and left with 3,519,558 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, HUMA now has a Market Capitalization of 657438272 and an Enterprise Value of 581204416.
Stock Price History:
Over the past 52 weeks, HUMA has reached a high of $9.97, while it has fallen to a 52-week low of $1.96. The 50-Day Moving Average of the stock is -16.53%, while the 200-Day Moving Average is calculated to be 10.99%.
Shares Statistics:
The stock has traded on average 3.17M shares per day over the past 3-months and 2629180 shares per day over the last 10 days, according to various share statistics. A total of 103.67M shares are outstanding, with a floating share count of 93.38M. Insiders hold about 21.88% of the company’s shares, while institutions hold 25.89% stake in the company. Shares short for HUMA as of 1726185600 were 14008179 with a Short Ratio of 4.42, compared to 1723680000 on 11414086. Therefore, it implies a Short% of Shares Outstanding of 14008179 and a Short% of Float of 15.47.
