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Oncology Institute Inc (NASDAQ: TOI) closed the day trading at $0.17 down -6.67% from the previous closing price of $0.18. In other words, the price has decreased by -$6.67 from its previous closing price. On the day, 1.04 million shares were traded. TOI stock price reached its highest trading level at $0.194 during the session, while it also had its lowest trading level at $0.1661.
Ratios:
For a better understanding of TOI, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.27 and its Current Ratio is at 2.49. In the meantime, Its Debt-to-Equity ratio is 7.94 whereas as Long-Term Debt/Eq ratio is at 7.51.
On September 14, 2022, Guggenheim started tracking the stock assigning a Buy rating and target price of $7.
On August 15, 2022, Jefferies started tracking the stock assigning a Buy rating and target price of $10.Jefferies initiated its Buy rating on August 15, 2022, with a $10 target price.
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 Jan 29 ’24 when Havencrest Healthcare Partners sold 8,637 shares for $2.12 per share. The transaction valued at 18,310 led to the insider holds 0 shares of the business.
Havencrest Healthcare Partners sold 24,915 shares of TOI for $57,304 on Jan 24 ’24. The 10% Owner now owns 27,498 shares after completing the transaction at $2.30 per share. On Jan 25 ’24, another insider, Havencrest Healthcare Partners, who serves as the 10% Owner of the company, sold 11,882 shares for $2.07 each. As a result, the insider received 24,596 and left with 15,616 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TOI now has a Market Capitalization of 12682403 and an Enterprise Value of 92398360. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.03 while its Price-to-Book (P/B) ratio in mrq is 0.82. Its current Enterprise Value per Revenue stands at 0.256 whereas that against EBITDA is -1.611.
Stock Price History:
Over the past 52 weeks, TOI has reached a high of $2.50, while it has fallen to a 52-week low of $0.18. The 50-Day Moving Average of the stock is -44.40%, while the 200-Day Moving Average is calculated to be -78.80%.
Shares Statistics:
Over the past 3-months, TOI traded about 170.66K shares per day on average, while over the past 10 days, TOI traded about 506410 shares per day. A total of 74.15M shares are outstanding, with a floating share count of 36.80M. Insiders hold about 51.30% of the company’s shares, while institutions hold 24.90% stake in the company. Shares short for TOI as of 1730332800 were 247975 with a Short Ratio of 1.45, compared to 1727654400 on 252527. Therefore, it implies a Short% of Shares Outstanding of 247975 and a Short% of Float of 0.5.
