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The price of Harmony Biosciences Holdings Inc (NASDAQ: HRMY) closed at $34.38 in the last session, down -0.64% from day before closing price of $34.60. In other words, the price has decreased by -$0.64 from its previous closing price. On the day, 0.48 million shares were traded. HRMY stock price reached its highest trading level at $34.75 during the session, while it also had its lowest trading level at $33.38.
Ratios:
We take a closer look at HRMY’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.63 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.18. For the most recent quarter (mrq), Quick Ratio is recorded 3.09 and its Current Ratio is at 3.13. In the meantime, Its Debt-to-Equity ratio is 0.41 whereas as Long-Term Debt/Eq ratio is at 0.32.
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, UBS on September 10, 2024, initiated with a Buy rating and assigned the stock a target price of $56.
On June 21, 2024, Citigroup started tracking the stock assigning a Buy rating and target price of $48.
BofA Securities Downgraded its Neutral to Underperform on January 02, 2024, while the target price for the stock was maintained at $30.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Oct 03 ’24 when JEFFREY G DIERKS bought 14,961 shares for $35.57 per share.
Dierks Jeffrey sold 400 shares of HRMY for $16,077 on Oct 01 ’24. The CHIEF COMMERCIAL OFFICER now owns 0 shares after completing the transaction at $40.19 per share. On Oct 01 ’24, another insider, JEFFREY G DIERKS, who serves as the Officer of the company, bought 21,796 shares for $40.00 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HRMY now has a Market Capitalization of 1966481024 and an Enterprise Value of 1796130560. As of this moment, Harmony’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.60, and their Forward P/E ratio for the next fiscal year is 9.28. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.77. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.98 while its Price-to-Book (P/B) ratio in mrq is 3.63. Its current Enterprise Value per Revenue stands at 2.738 whereas that against EBITDA is 8.87.
Stock Price History:
Over the past 52 weeks, HRMY has reached a high of $40.60, while it has fallen to a 52-week low of $18.61. The 50-Day Moving Average of the stock is -4.60%, while the 200-Day Moving Average is calculated to be 5.69%.
Shares Statistics:
According to the various share statistics, HRMY traded on average about 414.19K shares per day over the past 3-months and 586470 shares per day over the past 10 days. A total of 56.77M shares are outstanding, with a floating share count of 30.67M. Insiders hold about 46.03% of the company’s shares, while institutions hold 65.57% stake in the company. Shares short for HRMY as of 1726185600 were 8412386 with a Short Ratio of 20.31, compared to 1723680000 on 8726295. Therefore, it implies a Short% of Shares Outstanding of 8412386 and a Short% of Float of 66.080004.
