Hims & Hers Health Inc (NYSE:HIMS) shares traded 0.69% higher at $15.96 on Wall Street last session.
HIMS stock price is now -24.30% away from the 50-day moving average and 19.05% away from the 200-day moving average. The market capitalization of the company currently stands at $3.46B.
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On May 22, 2024, Citigroup Downgraded its previous ‘Buy’ rating to ‘Neutral’ on the stock increasing its target price from $16 to quote $20, while ‘Jefferies’ rates the stock as ‘Hold’
In other news, Melissa Baird, Officer bought 16,649 shares of the company’s stock on Aug 07 ’24. The stock was bought for $267,050 at an average price of $16.04. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 07 ’24, Chief Operating Officer Baird Melissa sold 16,649 shares of the business’s stock. A total of $269,998 was realized by selling the stock at an average price of $16.22. This leaves the insider owning 585,800 shares of the company worth $9.35 million. A total of 29.78% of the company’s stock is owned by insiders.
During the past 12 months, Hims & Hers Health Inc has had a low of $5.65 and a high of $25.74. As of last week, the company has a debt-to-equity ratio of 0.03, a current ratio of 2.68, and a quick ratio of 2.30. The fifty day moving average price for HIMS is $21.01 and a two-hundred day moving average price translates $13.4549 for the stock.
The latest earnings results from Hims & Hers Health Inc (NYSE: HIMS) was released for 2024-06-30. The net profit margin was 1.70% and return on equity was 5.31% for HIMS. The company reported revenue of $315.65 million for the quarter, compared to $207.91 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 51.82 percent.
