Trading Day Review: Heron Therapeutics Inc (HRTX)’s financial ratios: A comprehensive overview

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In other words, the price has increased by $0.00 from its previous closing price. On the day, 2.34 million shares were traded. HRTX stock price reached its highest trading level at $1.63 during the session, while it also had its lowest trading level at $1.53.

Ratios:

We take a closer look at HRTX’s different ratios to gain a better understanding of the stock. 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 243352016 and an Enterprise Value of 350707872. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.77. Its current Enterprise Value per Revenue stands at 2.546 whereas that against EBITDA is -61.582.

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 -0.24%, while the 200-Day Moving Average is calculated to be -34.45%.

Shares Statistics:

According to the various share statistics, HRTX traded on average about 3.20M shares per day over the past 3-months and 10511340 shares per day over the past 10 days. A total of 151.70M shares are outstanding, with a floating share count of 151.02M. Insiders hold about 0.71% of the company’s shares, while institutions hold 80.25% stake in the company. Shares short for HRTX as of 1732838400 were 27544540 with a Short Ratio of 8.60, compared to 1730332800 on 28810535. Therefore, it implies a Short% of Shares Outstanding of 27544540 and a Short% of Float of 23.400000000000002.

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