Hoth Therapeutics Inc (NASDAQ:HOTH) gain 3.41% – Is It right time to buy?

Hoth Therapeutics Inc (HOTH) saw an uptrend of 3.41% in the recent trading with $0.82 being its most recent. The current price level -52.72% lower than the highest price of $1.73 marked by the stock while trading over the past 52-weeks, whereas it is 41.03% higher than the lowest price of $0.58 the company dropped to over past 52-weeks. The latest news story on HOTH appeared in (PR Newswire) under the title “Hoth Therapeutics Announces Update on Cancer Therapeutic HT-KIT Results Suggesting the Treatment Effectively Inhibited Tumor Growth in Preclinical Treatment Study”.

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Squeezing the time span to 30 day period shows us the stock is currently trading -38.50% below one month high and is +7.62% above of the lowest during that time. Looking into the simple moving average, Hoth Therapeutics Inc (HOTH)’s stock stands at a SMA-50 of $0.8923 while that of 5-day is reading $0.8292.

Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and HOTH’s SMA-200 as of now is $1.0342.

Do analysts rate it as a buy, sell or hold?

Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Strong Buy by 1 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 1.00 for the stock.

Hoth Therapeutics Inc Earnings – What Happened With HOTH

Coming around sales and income figures on HOTH Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. Hoth Therapeutics Inc (HOTH) last released financial results for the quarter that ended 9/30/2024, posting a surprise factor of 39.22% for net revenue.

HOTH – Hoth Therapeutics Inc Stock Earnings Estimates

The perspective of Hoth Therapeutics Inc (NASDAQ:HOTH)’s current quarter earnings identifies that analysts are in consensus over the estimate of -0.51 for stock’s EPS in the current quarter. Company’s EPS for the last quarter was -0.31.

Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 6.90 million. HOTH does have institutional investors; and they hold 4.84% of the stock.

Hoth Therapeutics Inc – Insider Activity and Holdings

Currently, the stock has been recommended as Strong Buy by 1 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 1.00 for the stock.

The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, Hoth Therapeutics Inc has a debt to equity ratio of 0.00.

Technical Analysis of Hoth Therapeutics Inc (NASDAQ:HOTH) stock

To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for Hoth Therapeutics Inc (HOTH), we notice that the stock’s 20-day average volume is at 1,573,260 shares and 50% of short term indicators are suggesting the stock as Sell. Medium term indicators at an average of 50% are spotting the stock at Sell with its 50-day average volume of 1,244,848 shares. And to end, HOTH’s 100-day average volume is 2,849,193 shares with 100% of the long-term indicators pointing towards Sell for the stock.