Hoth Therapeutics Inc (NASDAQ:HOTH) Drops -1.56%, But Further Rally Could Be Imminent

In last trading session, Hoth Therapeutics Inc (NASDAQ:HOTH) saw 0.6 million shares changing hands with its beta currently measuring 0.83. Company’s recent per share price level of $1.26 trading at -$0.02 or -1.56% at ring of the bell on the day assigns it a market valuation of $8.70M. That closing price of HOTH’s stock is at a discount of -201.59% from its 52-week high price of $3.80 and is indicating a premium of 53.97% 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 1.44 million shares which gives us an average trading volume of 9.03 million 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 -0.43 in the current quarter.

Hoth Therapeutics Inc (NASDAQ:HOTH) trade information

Upright in the red during last session for losing -1.56%, in the last five days HOTH remained trading in the red while hitting it’s week-highest on Friday, 01/31/25 when the stock touched $1.26 price level, adding 6.67% to its value on the day. Hoth Therapeutics Inc’s shares saw a change of 68.43% in year-to-date performance and have moved -7.35% in past 5-day. Hoth Therapeutics Inc (NASDAQ:HOTH) showed a performance of 65.55% in past 30-days. Number of shares sold short was 0.66 million shares which calculate 0.03 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 added 83.35% of value to its shares in past 6 months, showing an annual growth rate of 40.87% while that of industry is 16.00. Apart from that, the company came raising its revenue forecast for fiscal year 2025.

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 5.53 percent of that, with stock having share float percentage of 5.58%. Investors also watch the number of corporate investors in a company very closely, which is 5.53% institutions for Hoth Therapeutics Inc that are currently holding shares of the company.

On the other hand, Vanguard Extended Market Index Fund and Fidelity Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024 , the former fund manager was holding 38.8 shares of worth $48893.0 or 0.56% of the total outstanding shares. The later fund manager was in possession of 36.07 shares on Oct 31, 2024 , making its stake of worth around $45448.0 in the company or a holder of 0.52% of company’s stock.