With 2.69 million shares changed hands, the volume of the stock remained lighter than its average volume of 3.13 million shares. The 52-week range on HRTX shows that it touched its highest point at $3.93 and its lowest point at $1.04 during that stretch. It currently has a 1-year price target of $6.25. Beta for the stock currently stands at 1.40.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of HRTX was up-trending over the past week, with a rise of 51.79%, but this was up by 50.00% over a month. Three-month performance surged to 119.83% while six-month performance rose 32.12%. The stock lost -4.14% in the past year, while it has gained 66.67% so far this year. A look at the trailing 12-month EPS for HRTX yields -0.09 with Next year EPS estimates of 0.05. For the next quarter, that number is -0.01. This implies an EPS growth rate of 50.00% for this year and 218.52% for next year.
Float and Shares Shorts:
At present, 152.13 million HRTX shares are outstanding with a float of 151.00 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for HRTX since 2 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.12397 being high and -$0.13399 being low. For HRTX, this leads to a yearly average estimate of -$0.12887. Based on analyst estimates, the high estimate for the next quarter is $0.0 and the low estimate is -$0.02. The average estimate for the next quarter is thus -$0.01.
Summary of Insider Activity:
Insiders traded HRTX stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.
