The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
In the latest session, Target Hospitality Corp (NASDAQ: TH) closed at $5.61 down -0.71% from its previous closing price of $5.65. In other words, the price has decreased by -$0.71 from its previous closing price. On the day, 0.69 million shares were traded.
Ratios:
For a deeper understanding of Target Hospitality Corp’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.12 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.46. For the most recent quarter (mrq), Quick Ratio is recorded 1.01 and its Current Ratio is at 1.01. In the meantime, Its Debt-to-Equity ratio is 0.47 whereas as Long-Term Debt/Eq ratio is at 0.02.
Stifel Downgraded its Buy to Hold on April 12, 2024, whereas the target price for the stock was revised from $13 to $12.
Valuation Measures:
As of this moment, Target’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.44. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.29 while its Price-to-Book (P/B) ratio in mrq is 1.35.
Stock Price History:
Over the past 52 weeks, TH has reached a high of $11.84, while it has fallen to a 52-week low of $4.00. The 50-Day Moving Average of the stock is -39.35%, while the 200-Day Moving Average is calculated to be -38.30%.
Shares Statistics:
A total of 100.30M shares are outstanding, with a floating share count of 32.11M. Insiders hold about 67.32% of the company’s shares, while institutions hold 29.59% stake in the company.
