Hoth Therapeutics Inc (NASDAQ:HOTH) Is 54.33% Above Its 52-Week Low, But How Long Will It Remain So?

In recent trading session, Hoth Therapeutics Inc (NASDAQ:HOTH) saw 90.24 million shares changing hands at last check today with its beta currently measuring 0.80. Company’s recent per share price level of $1.27 trading at $0.56 or 78.90% at last check today assigns it a market valuation of $8.76M. That most recent trading price of HOTH’s stock is at a discount of -165.35% from its 52-week high price of $3.37 and is indicating a premium of 54.33% from its 52-week low price of $0.58. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 70740.0 shares which gives us an average trading volume of 800.08K if we extend that period to 3-months.

For Hoth Therapeutics Inc (HOTH), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.32 in the current quarter.

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Hoth Therapeutics Inc (NASDAQ:HOTH) trade information

Upright in the green today for gaining 78.90%, in the last five days HOTH remained trading in the green while hitting it’s week-highest on Thursday, 09/05/24 when the stock touched $1.27 price level, adding 8.63% to its value on the day. Hoth Therapeutics Inc’s shares saw a change of -11.81% in year-to-date performance and have moved 79.63% in past 5-day. Hoth Therapeutics Inc (NASDAQ:HOTH) showed a performance of 102.23% in past 30-days. Number of shares sold short was 0.21 million shares which calculate 0.11 days to cover the short interests.

Hoth Therapeutics Inc (HOTH) estimates and forecasts

Statistics highlight that Hoth Therapeutics Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -3.05% of value to its shares in past 6 months, showing an annual growth rate of 48.70% while that of industry is 17.70. Apart from that, the company came raising its revenue forecast for fiscal year 2024.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 15.18% during past 5 years.

Hoth Therapeutics Inc (NASDAQ:HOTH)’s Major holders

Insiders are in possession of 0.92% of company’s total shares while institution are holding 5.05 percent of that, with stock having share float percentage of 5.10%. Investors also watch the number of corporate investors in a company very closely, which is 5.05% institutions for Hoth Therapeutics Inc that are currently holding shares of the company.