Hoth Therapeutics Inc (NASDAQ: HOTH) is 5.56% higher on its value in year-to-date trading and has touched a low of $0.99 and a high of $4.30 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The HOTH stock was last observed hovering at around $1.38 in the last trading session, with the day’s gains setting it 0.14%.
Currently trading at $1.52, the stock is 14.29% and 13.81% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.25 million and changing 10.14% at the moment leaves the stock -13.39% off its SMA200. HOTH registered -26.21% loss for a year compared to 6-month loss of 0.00%. The firm has a a 200-day simple moving average (SMA200) of $0.57.
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The stock witnessed a 16.92% gain in the last 1 month and extending the period to 3 months gives it a -5.59%, and is -7.88% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 10.70% over the week and 9.25% over the month.
Distance from 52-week low is 53.54% and -64.65% from its 52-week high.
Hoth Therapeutics Inc quarterly earnings per share for the current quarter are estimated at -$0.51.The EPS is expected to grow by 24.55% this year
15 institutions hold shares in Hoth Therapeutics Inc (HOTH), with institutional investors hold 7.14% of the company’s shares. The shares outstanding are 4.35M, and float is at 4.31M with Short Float at 0.63%. Institutions hold 7.07% of the Float.
The top institutional shareholder in the company is Geode Capital Management, LLC with over 24340.0 shares valued at $73020.0. The investor’s holdings represent 0.74% of the HOTH Shares outstanding. As of Jun 29, 2023, the second largest holder is Citadel Advisors Llc with 20428.0 shares valued at $61284.0 to account for 0.62% of the shares outstanding. The other top investors are Vanguard Group Inc which holds 12232.0 shares representing 0.37% and valued at over $36696.0, while Integrated Wealth Concepts LLC holds 0.30% of the shares totaling 10000.0 with a market value of $30000.0.
