Heron Therapeutics Inc (HRTX) concluded trading on Thursday at a closing price of $2.88, with 3.76 million shares of worth about $10.83 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 76.69% during that period and on Thursday the price saw a gain of about 5.88%. Currently the company’s common shares owned by public are about 150.07M shares, out of which, 147.62M shares are available for trading.
According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 31 times over the past 12 months. They bought 2,907,963 shares in 21 of the transactions. In 10 selling transactions, insiders dumped 26,159 shares.
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Stock saw a price change of 22.55% in past 5 days and over the past one month there was a price change of 30.91%. Year-to-date (YTD), HRTX shares are showing a performance of 69.41% which increased to 12.06% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.50 but also hit the highest price of $2.95 during that period. The average intraday trading volume for Heron Therapeutics Inc shares is 3.69 million. The stock is currently trading 19.56% above its 20-day simple moving average (SMA20), while that difference is up 41.36% for SMA50 and it goes to 96.76% higher than SMA200.
Heron Therapeutics Inc (NASDAQ: HRTX) currently have 150.07M outstanding shares and institutions hold larger chunk of about 70.89% of that.
The stock has a current market capitalization of $432.20M and its 3Y-monthly beta is at 1.68. It has posted earnings per share of -$0.97 in the same period. It has Quick Ratio of 1.91. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for HRTX, volatility over the week remained 8.68% while standing at 8.89% over the month.
Analysts are in expectations that Heron Therapeutics Inc (HRTX) stock would likely to be making an EPS of -$0.16 in the current quarter, while forecast for next quarter EPS is -$0.11 and it is -$0.43 for next year. For the current quarter EPS, analysts have given the company a lowest target -$0.19 which is -$0.13 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -$0.17 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 48.07% while it is estimated to increase by 55.06% in next year. EPS is likely to grow at an annualized rate of 47.50% for next 5-years, compared to annual growth of 14.46% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Guggenheim on May 27, 2020 offering a Buy rating for the stock and assigned a target price of $24 to it.
