The stock of Hims & Hers Health Inc (NYSE:HIMS) last traded at $14.43, down -1.23% from the previous session.
HIMS stock price is now -23.23% away from the 50-day moving average and 1.39% away from the 200-day moving average. The market capitalization of the company currently stands at $3.13B.
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With the price target of $24, Needham recently initiated with Buy rating for Hims & Hers Health Inc (NYSE: HIMS). , while ‘Citigroup’ rates the stock as ‘Neutral’
In other news, Okupe Oluyemi, Chief Financial Officer sold 11,609 shares of the company’s stock on Sep 03 ’24. The stock was sold for $169,479 at an average price of $14.60. Upon completion of the transaction, the Chief Financial Officer now directly owns 181,469 shares in the company, valued at $2.62 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Sep 03 ’24, Chief Legal Officer Boughton Soleil sold 2,345 shares of the business’s stock. A total of $34,354 was realized by selling the stock at an average price of $14.65. This leaves the insider owning 159,796 shares of the company worth $2.31 million. A total of 24.40% 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 $18.7962 and a two-hundred day moving average price translates $14.23165 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.
