Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
In the latest session, Hoth Therapeutics Inc (NASDAQ: HOTH) closed at $1.36 down -7.48% from its previous closing price of $1.47. In other words, the price has decreased by -$7.48 from its previous closing price. On the day, 5.07 million shares were traded. HOTH stock price reached its highest trading level at $1.71 during the session, while it also had its lowest trading level at $1.27.
Ratios:
For a deeper understanding of Hoth Therapeutics Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 10.16 and its Current Ratio is at 10.16. 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.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Aug 16 ’24 when Knie Robb bought 25,000 shares for $0.67 per share. The transaction valued at 16,750 led to the insider holds 58,131 shares of the business.
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 9389168 and an Enterprise Value of 1400217.
Stock Price History:
The Beta on a monthly basis for HOTH is 0.91, which has changed by -0.0072992444 over the last 52 weeks, in comparison to a change of 0.23809385 over the same period for the S&P500. Over the past 52 weeks, HOTH has reached a high of $3.80, while it has fallen to a 52-week low of $0.58. The 50-Day Moving Average of the stock is 33.66%, while the 200-Day Moving Average is calculated to be 40.45%.
Shares Statistics:
For the past three months, HOTH has traded an average of 9.20M shares per day and 2926740 over the past ten days. A total of 6.90M shares are outstanding, with a floating share count of 6.84M. Insiders hold about 0.93% of the company’s shares, while institutions hold 5.53% stake in the company. Shares short for HOTH as of 1735603200 were 633384 with a Short Ratio of 0.07, compared to 1732838400 on 458042. Therefore, it implies a Short% of Shares Outstanding of 633384 and a Short% of Float of 9.229999999999999.
