In the last trading session, 2.73 million Hinge Health Inc (NYSE:HNGE) shares changed hands as the company’s beta touched 0. With the company’s per share price at $51.75 changed hands at $5.24 or 11.27% during last session, the market valuation stood at $4.04B. HNGE’s last price was a premium, traded about 5.6% off its 52-week high of $48.85. The share price had its 52-week low at $33.42, which suggests the last value was 35.42% up since then. When we look at Hinge Health Inc’s average trading volume, we note the 10-day average is 1.35 million shares, with the 3-month average coming to 1.29 million.
Hinge Health Inc (NYSE:HNGE) trade information
Instantly HNGE was in green as seen at the end of in last trading. With action 18.45%, the performance over the past five days has been green. However, in the 30-day time frame, Hinge Health Inc (NYSE:HNGE) is 32.15% up. Looking at the short shares, we see there were 0.86 million shares sold at short interest cover period of 0.83 days.
The consensus price target for the stock as assigned by Wall Street analysts is 45, meaning bulls need a downside of -15.0% from its current market value. According to analyst projections, HNGE’s forecast low is 41 with 48 as the target high. To hit the forecast high, the stock’s price needs a 7.25% surge from its current level, while the stock would need to tank 20.77% for it to hit the projected low.
Consensus estimates given by 10 financial analysts project the company’s revenue in the current quarter to hit an average of 125.44M. 10 analysts are of the opinion that Hinge Health Inc’s revenue for the current quarter will be 128.97M.
The 2025 estimates are for Hinge Health Inc earnings to increase by 89.40%.
HNGE Dividends
Hinge Health Inc is expected to release its next quarterly earnings report in August.
Hinge Health Inc (NYSE:HNGE)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 86.70% of Hinge Health Inc shares while 11.24% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 84.47%.
