Harrow Inc (NASDAQ: HROW) is -27.27% lower on its value in year-to-date trading and has touched a low of $10.08 and a high of $59.23 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The HROW stock was last observed hovering at around $23.59 in the last trading session, with the day’s gains setting it 0.81%.
Currently trading at $24.40, the stock is 0.29% and -2.27% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.28 million and changing 3.43% at the moment leaves the stock -31.22% off its SMA200. HROW registered 123.03% gain for a year compared to 6-month loss of -46.72%.
The stock witnessed a -2.05% gain in the last 1 month and extending the period to 3 months gives it a -21.32%, and is -5.55% 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 9.09% over the week and 6.68% over the month.
Harrow Inc (HROW) has around 382 employees, a market worth around $895.24M and $212.86M in sales. Fwd P/E is 14.17. Profit margin for the company is -10.19%. Distance from 52-week low is 142.06% and -58.80% from its 52-week high. The company has generated returns on investments over the last 12 months (-12.22%).
with sales reaching $65.82M over the same period.The EPS is expected to grow by 188.98% this year, but quarterly earnings will post 41.64% year-over-year. Quarterly sales are estimated to grow 34.49% in year-over-year returns.
Harrow Inc (HROW) Top Institutional Holders
The shares outstanding are 35.65M, and float is at 30.83M with Short Float at 13.36%.
The top institutional shareholder in the company is OPALEYE MANAGEMENT INC. with over 3.99 million shares valued at $83.35 million. The investor’s holdings represent 11.2019% of the HROW Shares outstanding. As of 2024-06-30, the second largest holder is PRIVATE CAPITAL MANAGEMENT, LLC with 2.71 million shares valued at $56.71 million to account for 7.6219 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 2.15 million shares representing 6.0319% and valued at over $44.88 million, while VANGUARD GROUP INC holds 5.1678 of the shares totaling 1.84 million with a market value of $38.45 million.
Harrow Inc (HROW) Insider Activity
The most recent transaction is an insider sale by Opaleye Management Inc., the company’s 10% Owner. SEC filings show that Opaleye Management Inc. sold 5,000 shares of the company’s common stock on Mar 18 ’25 at a price of $30.01 per share for a total of $0.15 million. Following the sale, the insider now owns 0.14 million shares.
Harrow Inc disclosed in a document filed with the SEC on Mar 18 ’25 that Opaleye Management Inc. (10% Owner) sold a total of 5,000 shares of the company’s common stock. The trade occurred on Mar 18 ’25 and was made at $29.64 per share for $0.15 million. Following the transaction, the insider now directly holds 0.14 million shares of the HROW stock.
Still, SEC filings show that on Feb 28 ’25, Opaleye Management Inc. (10% Owner) disposed off 5,000 shares at an average price of $28.05 for $0.14 million. The insider now directly holds 150,000 shares of Harrow Inc (HROW).
