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The price of Heron Therapeutics Inc (NASDAQ: HRTX) closed at $1.54 in the last session, down -0.65% from day before closing price of $1.55. In other words, the price has decreased by -$0.65 from its previous closing price. On the day, 1.01 million shares were traded. HRTX stock price reached its highest trading level at $1.55 during the session, while it also had its lowest trading level at $1.48.
Ratios:
We take a closer look at HRTX’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.74 and its Current Ratio is at 2.28.
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, Rodman & Renshaw on June 13, 2024, initiated with a Buy rating and assigned the stock a target price of $7.
On April 23, 2024, CapitalOne started tracking the stock assigning a Overweight rating and target price of $6.
Needham reiterated its Buy rating for the stock on March 13, 2024, while the target price for the stock was revised from $4 to $5.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HRTX now has a Market Capitalization of 235747824 and an Enterprise Value of 341582176. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.70. Its current Enterprise Value per Revenue stands at 2.48 whereas that against EBITDA is -59.979.
Stock Price History:
The Beta on a monthly basis for HRTX is 1.59, which has changed by -0.29545456 over the last 52 weeks, in comparison to a change of 0.22263205 over the same period for the S&P500. Over the past 52 weeks, HRTX has reached a high of $3.93, while it has fallen to a 52-week low of $1.04. The 50-Day Moving Average of the stock is 1.66%, while the 200-Day Moving Average is calculated to be -34.05%.
Shares Statistics:
According to the various share statistics, HRTX traded on average about 3.18M shares per day over the past 3-months and 1676630 shares per day over the past 10 days. A total of 151.70M shares are outstanding, with a floating share count of 151.02M. Insiders hold about 0.71% of the company’s shares, while institutions hold 80.27% stake in the company. Shares short for HRTX as of 1734048000 were 29984772 with a Short Ratio of 9.64, compared to 1731628800 on 27910496. Therefore, it implies a Short% of Shares Outstanding of 29984772 and a Short% of Float of 25.47.
