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In the latest session, Humacyte Inc (NASDAQ: HUMA) closed at $6.05 down -1.63% from its previous closing price of $6.15. In other words, the price has decreased by -$1.63 from its previous closing price. On the day, 4.19 million shares were traded. HUMA stock price reached its highest trading level at $6.25 during the session, while it also had its lowest trading level at $5.76.
Ratios:
For a deeper understanding of Humacyte Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 5.41 and its Current Ratio is at 5.41.
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, H.C. Wainwright on December 11, 2023, initiated with a Buy rating and assigned the stock a target price of $6.
On August 14, 2023, Piper Sandler Upgraded its rating to Neutral which previously was Underweight and also upped its target price recommendation from $2.75 to $3.50.
On June 22, 2023, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $6.Cantor Fitzgerald initiated its Overweight rating on June 22, 2023, with a $6 target price.
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 Aug 29 ’24 when Dougan Brady W sold 352,112 shares for $6.35 per share. The transaction valued at 2,235,911 led to the insider holds 3,677,262 shares of the business.
Dougan Brady W sold 277,090 shares of HUMA for $1,792,772 on Aug 28 ’24. The Director now owns 4,029,374 shares after completing the transaction at $6.47 per share. On Aug 27 ’24, another insider, Dougan Brady W, who serves as the Director of the company, sold 252,676 shares for $6.71 each. As a result, the insider received 1,695,456 and left with 4,306,464 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, HUMA now has a Market Capitalization of 722073600 and an Enterprise Value of 647444288.
Stock Price History:
Over the past 52 weeks, HUMA has reached a high of $9.97, while it has fallen to a 52-week low of $1.96. The 50-Day Moving Average of the stock is -11.41%, while the 200-Day Moving Average is calculated to be 30.25%.
Shares Statistics:
For the past three months, HUMA has traded an average of 3.48M shares per day and 2197120 over the past ten days. A total of 103.67M shares are outstanding, with a floating share count of 92.74M. Insiders hold about 23.04% of the company’s shares, while institutions hold 25.90% stake in the company. Shares short for HUMA as of 1723680000 were 11414086 with a Short Ratio of 3.28, compared to 1721001600 on 14604973. Therefore, it implies a Short% of Shares Outstanding of 11414086 and a Short% of Float of 12.61.
