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The closing price of Heron Therapeutics Inc (NASDAQ: HRTX) was $1.18 for the day, down -3.28% from the previous closing price of $1.22. In other words, the price has decreased by -$3.28 from its previous closing price. On the day, 5.36 million shares were traded. HRTX stock price reached its highest trading level at $1.25 during the session, while it also had its lowest trading level at $1.13.
Ratios:
Our analysis of HRTX’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.74 and its Current Ratio is at 2.28.
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, Rodman & Renshaw on June 13, 2024, initiated with a Buy rating and assigned the stock a target price of $7.
On April 23, 2024, CapitalOne started tracking the stock assigning a Overweight rating and target price of $6.
Needham reiterated its Buy rating for the stock on March 13, 2024, while the target price for the stock was revised from $4 to $5.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HRTX now has a Market Capitalization of 179472096 and an Enterprise Value of 286828000. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.30. Its current Enterprise Value per Revenue stands at 2.082 whereas that against EBITDA is -50.365.
Stock Price History:
Over the past 52 weeks, HRTX has reached a high of $3.93, while it has fallen to a 52-week low of $1.04. The 50-Day Moving Average of the stock is -28.79%, while the 200-Day Moving Average is calculated to be -52.45%.
Shares Statistics:
HRTX traded an average of 1.83M shares per day over the past three months and 1446360 shares per day over the past ten days. A total of 151.70M shares are outstanding, with a floating share count of 151.01M. Shares short for HRTX as of 1731628800 were 27910496 with a Short Ratio of 15.27, compared to 1728950400 on 30643570. Therefore, it implies a Short% of Shares Outstanding of 27910496 and a Short% of Float of 23.709999.
