The price of Hims & Hers Health Inc (NYSE:HIMS) shares last traded on Wall Street rose 4.83% to $19.31.
HIMS stock price is now 13.58% away from the 50-day moving average and 29.33% away from the 200-day moving average. The market capitalization of the company currently stands at $4.18B.
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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, Boughton Soleil, Officer bought 2,339 shares of the company’s stock on Oct 01 ’24. The stock was bought for $43,272 at an average price of $18.50. An SEC document containing details of the transaction can be found on the SEC’s website. On Sep 20 ’24, Chief Financial Officer Okupe Oluyemi sold 12,651 shares of the business’s stock. A total of $212,356 was realized by selling the stock at an average price of $16.79. This leaves the insider owning 211,000 shares of the company worth $4.07 million. A total of 19.70% 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 $16.9812 and a two-hundred day moving average price translates $14.9842 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.
