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In the latest session, Harrow Inc (NASDAQ: HROW) closed at $37.97 down -2.67% from its previous closing price of $39.01. In other words, the price has decreased by -$2.67 from its previous closing price. On the day, 1.1 million shares were traded. HROW stock price reached its highest trading level at $39.4835 during the session, while it also had its lowest trading level at $37.0.
Ratios:
For a deeper understanding of Harrow Inc’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 16.95 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 404.87. For the most recent quarter (mrq), Quick Ratio is recorded 1.44 and its Current Ratio is at 1.54. In the meantime, Its Debt-to-Equity ratio is 3.40 whereas as Long-Term Debt/Eq ratio is at 3.40.
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, Craig Hallum on April 11, 2024, initiated with a Buy rating and assigned the stock a target price of $24.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Apr 25 ’24 when Opaleye Management Inc. bought 20,000 shares for $9.97 per share. The transaction valued at 199,400 led to the insider holds 3,815,000 shares of the business.
Opaleye Management Inc. bought 11,715 shares of HROW for $120,547 on Apr 23 ’24. The 10% Owner now owns 3,786,715 shares after completing the transaction at $10.29 per share. On Apr 24 ’24, another insider, Opaleye Management Inc., who serves as the 10% Owner of the company, bought 8,285 shares for $10.15 each. As a result, the insider paid 84,093 and bolstered with 3,795,000 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, HROW now has a Market Capitalization of 1352290176 and an Enterprise Value of 1485307648. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.28 while its Price-to-Book (P/B) ratio in mrq is 23.47. Its current Enterprise Value per Revenue stands at 8.782 whereas that against EBITDA is 542.479.
Stock Price History:
Over the past 52 weeks, HROW has reached a high of $59.23, while it has fallen to a 52-week low of $8.01. The 50-Day Moving Average of the stock is -20.72%, while the 200-Day Moving Average is calculated to be 44.44%.
Shares Statistics:
For the past three months, HROW has traded an average of 556.38K shares per day and 815880 over the past ten days. A total of 35.17M shares are outstanding, with a floating share count of 30.47M. Insiders hold about 14.45% of the company’s shares, while institutions hold 58.98% stake in the company. Shares short for HROW as of 1730332800 were 2583138 with a Short Ratio of 4.64, compared to 1727654400 on 4081693. Therefore, it implies a Short% of Shares Outstanding of 2583138 and a Short% of Float of 10.31.
