The price of Hims & Hers Health Inc (NYSE:HIMS) shares last traded on Wall Street rose 19.09% to $27.88.
HIMS stock price is now 46.65% away from the 50-day moving average and 66.17% away from the 200-day moving average. The market capitalization of the company currently stands at $6.04B.
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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, Carroll Patrick Harrison, Chief Medical Officer sold 15,000 shares of the company’s stock on Nov 06 ’24. The stock was sold for $331,094 at an average price of $22.07. Upon completion of the transaction, the Chief Medical Officer now directly owns 196,941 shares in the company, valued at $5.49 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 05 ’24, Chief Commercial Officer Chi Michael sold 2,054 shares of the business’s stock. A total of $45,188 was realized by selling the stock at an average price of $22.00. This leaves the insider owning 193,980 shares of the company worth $5.41 million. A total of 18.99% of the company’s stock is owned by insiders.
During the past 12 months, Hims & Hers Health Inc has had a low of $6.58 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 2.14, and a quick ratio of 1.82. The fifty day moving average price for HIMS is $18.7482 and a two-hundred day moving average price translates $16.6828 for the stock.
The latest earnings results from Hims & Hers Health Inc (NYSE: HIMS) was released for 2024-09-30. The net profit margin was 8.15% and return on equity was 26.35% for HIMS. The company reported revenue of $401.56 million for the quarter, compared to $226.7 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 77.13 percent.
