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The closing price of Harrow Inc (NASDAQ: HROW) was $41.86 for the day, down -0.12% from the previous closing price of $41.91. In other words, the price has decreased by -$0.12 from its previous closing price. On the day, 0.51 million shares were traded. HROW stock price reached its highest trading level at $42.125 during the session, while it also had its lowest trading level at $40.0.
Ratios:
Our analysis of HROW’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 20.26 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 483.94. For the most recent quarter (mrq), Quick Ratio is recorded 1.44 and its Current Ratio is at 1.54. In the meantime, Its Debt-to-Equity ratio is 3.40 whereas as Long-Term Debt/Eq ratio is at 3.40.
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, Craig Hallum on April 11, 2024, initiated with a Buy rating and assigned the stock a target price of $24.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Apr 25 ’24 when Opaleye Management Inc. bought 20,000 shares for $9.97 per share. The transaction valued at 199,400 led to the insider holds 3,815,000 shares of the business.
Opaleye Management Inc. bought 11,715 shares of HROW for $120,547 on Apr 23 ’24. The 10% Owner now owns 3,786,715 shares after completing the transaction at $10.29 per share. On Apr 24 ’24, another insider, Opaleye Management Inc., who serves as the 10% Owner of the company, bought 8,285 shares for $10.15 each. As a result, the insider paid 84,093 and bolstered with 3,795,000 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, HROW now has a Market Capitalization of 1490831360 and an Enterprise Value of 1585532672. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.70 while its Price-to-Book (P/B) ratio in mrq is 25.88. Its current Enterprise Value per Revenue stands at 9.374 whereas that against EBITDA is 579.084.
Stock Price History:
Over the past 52 weeks, HROW has reached a high of $59.23, while it has fallen to a 52-week low of $8.86. The 50-Day Moving Average of the stock is -12.06%, while the 200-Day Moving Average is calculated to be 51.09%.
Shares Statistics:
HROW traded an average of 529.19K shares per day over the past three months and 565360 shares per day over the past ten days. A total of 35.61M shares are outstanding, with a floating share count of 30.47M. Insiders hold about 14.45% of the company’s shares, while institutions hold 58.87% stake in the company. Shares short for HROW as of 1731628800 were 2507664 with a Short Ratio of 4.74, compared to 1728950400 on 3487235. Therefore, it implies a Short% of Shares Outstanding of 2507664 and a Short% of Float of 9.959999999999999.
