In yesterday’s Wall Street session, Hims & Hers Health Inc (NYSE:HIMS) shares traded at $31.35, up 23.77% from the previous session.
HIMS stock price is now 50.36% away from the 50-day moving average and 78.84% away from the 200-day moving average. The market capitalization of the company currently stands at $7.18B.
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On August 22, 2024, Needham recently initiated its ‘Buy’ rating on the stock quoting a target price of $24, while ‘Imperial Capital’ rates the stock as ‘In-line’
In other news, Chi Michael, Officer bought 17,303 shares of the company’s stock on Nov 25 ’24. The stock was bought for $458,356 at an average price of $26.49. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 19 ’24, Chief Commercial Officer Chi Michael sold 7,500 shares of the business’s stock. A total of $165,000 was realized by selling the stock at an average price of $22.00. This leaves the insider owning 183,980 shares of the company worth $5.77 million. A total of 18.87% of the company’s stock is owned by insiders.
During the past 12 months, Hims & Hers Health Inc has had a low of $8.02 and a high of $30.44. 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 $20.5492 and a two-hundred day moving average price translates $17.4218 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.
