Ratio Revelations: Harvard Bioscience Inc (HBIO)’s Financial Metrics in the Spotlight

Beyond market averages, investors looking for exceptional returns turn to stock picking. Skillful choices in individual stocks have the power to substantially increase your wealth.

Harvard Bioscience Inc (NASDAQ: HBIO) closed the day trading at $0.46 down -9.44% from the previous closing price of $0.51. In other words, the price has decreased by -$9.44 from its previous closing price. On the day, 5.15 million shares were traded. HBIO stock price reached its highest trading level at $0.52 during the session, while it also had its lowest trading level at $0.4541.

Ratios:

For a better understanding of HBIO, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.69 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 53.95. For the most recent quarter (mrq), Quick Ratio is recorded 0.40 and its Current Ratio is at 0.81. In the meantime, Its Debt-to-Equity ratio is 3.01 whereas as Long-Term Debt/Eq ratio is at 0.49.

On March 10, 2023, The Benchmark Company Upgraded its rating to Buy which previously was Speculative Buy and also upped its target price recommendation from $3 to $4.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HBIO now has a Market Capitalization of 20497472 and an Enterprise Value of 59558492. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.22 while its Price-to-Book (P/B) ratio in mrq is 1.38. Its current Enterprise Value per Revenue stands at 0.652 whereas that against EBITDA is 20.053.

Stock Price History:

The Beta on a monthly basis for HBIO is 1.57, which has changed by -0.8345324 over the last 52 weeks, in comparison to a change of 0.12748289 over the same period for the S&P500. Over the past 52 weeks, HBIO has reached a high of $3.60, while it has fallen to a 52-week low of $0.28. The 50-Day Moving Average of the stock is 12.37%, while the 200-Day Moving Average is calculated to be -68.13%.

Shares Statistics:

Over the past 3-months, HBIO traded about 11.80M shares per day on average, while over the past 10 days, HBIO traded about 1431770 shares per day. A total of 44.21M shares are outstanding, with a floating share count of 37.41M. Insiders hold about 15.39% of the company’s shares, while institutions hold 58.64% stake in the company. Shares short for HBIO as of 1749772800 were 2831924 with a Short Ratio of 0.24, compared to 1747267200 on 1957393. Therefore, it implies a Short% of Shares Outstanding of 2831924 and a Short% of Float of 6.9299996.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

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