Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
Hoth Therapeutics Inc (NASDAQ: HOTH) closed the day trading at $1.51 down -2.58% from the previous closing price of $1.55. In other words, the price has decreased by -$2.58 from its previous closing price. On the day, 1.3 million shares were traded. HOTH stock price reached its highest trading level at $1.68 during the session, while it also had its lowest trading level at $1.5.
Ratios:
For a better understanding of HOTH, let’s look at its different 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:
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 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 10424738 and an Enterprise Value of 2435788.
Stock Price History:
The Beta on a monthly basis for HOTH is 0.61, which has changed by 0.13138688 over the last 52 weeks, in comparison to a change of 0.22212577 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 58.85%, while the 200-Day Moving Average is calculated to be 56.19%.
Shares Statistics:
Over the past 3-months, HOTH traded about 9.14M shares per day on average, while over the past 10 days, HOTH traded about 49880360 shares per day. 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 5.31% 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.
Earnings Estimates
Investors are keenly observing as 1.0 analysts analyze and rate the current performance of Hoth Therapeutics Inc (HOTH) in the stock market.The consensus estimate for the next quarter is -$0.25, with high estimates of -$0.25 and low estimates of -$0.25.
Analysts are recommending an EPS of between -$1.9 and -$1.9 for the fiscal current year, implying an average EPS of -$1.9. EPS for the following year is -$0.87, with 1.0 analysts recommending between -$0.87 and -$0.87.
