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The price of Hoth Therapeutics Inc (NASDAQ: HOTH) closed at $0.82 in the last session, down -2.02% from day before closing price of $0.84. In other words, the price has decreased by -$2.02 from its previous closing price. On the day, 0.52 million shares were traded. HOTH stock price reached its highest trading level at $0.85 during the session, while it also had its lowest trading level at $0.77.
Ratios:
We take a closer look at HOTH’s different ratios to gain a better understanding of the stock. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 5681827 and an Enterprise Value of -2307125.
Stock Price History:
Over the past 52 weeks, HOTH has reached a high of $1.73, while it has fallen to a 52-week low of $0.58. The 50-Day Moving Average of the stock is -5.42%, while the 200-Day Moving Average is calculated to be -19.54%.
Shares Statistics:
According to the various share statistics, HOTH traded on average about 3.83M shares per day over the past 3-months and 2312680 shares per day over the past 10 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 5.31% stake in the company. Shares short for HOTH as of 1730332800 were 620780 with a Short Ratio of 0.16, compared to 1727654400 on 313341. Therefore, it implies a Short% of Shares Outstanding of 620780 and a Short% of Float of 9.04.
