Hims & Hers Health Inc’s (NYSE: HIMS) Stock Price Continues To Fall

The trading price of Hims & Hers Health Inc (NYSE:HIMS) closed lower on Friday, April 19, closing at $11.90, -3.57% lower than its previous close.

In examining the 52-week price action we see that the stock hit a 52-week high of $17.16 and a 52-week low of $5.65. Over the past month, the stock has lost -27.79% in value.

Hims & Hers Health Inc, whose market valuation is $2.55 billion at the time of this writing. Investors’ optimism about the company’s current quarter earnings report is understandable.

A company’s earnings reviews provide a brief indication of a stock’s direction in the short term, where in the case of Hims & Hers Health Inc No upward and no downward comments were posted in the last 7 days. On the technical side, indicators suggest HIMS has a 50% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 50% Buy, while an average of long term indicators suggests that the stock is currently 100% Buy.

A quick review shows that HIMS’s price is currently -19.31% off the SMA20 and -10.84% off the SMA50. The RSI metric on the 14-day chart is currently showing 30.22, and weekly volatility stands at 4.74%. When measured over the past 30 days, the indicator reaches 5.25%. Hims & Hers Health Inc (NYSE:HIMS)’s beta value is currently sitting at 0.97, while the Average True Range indicator is currently displaying 0.77.

To see how Hims & Hers Health Inc stock has been performing in comparison to its peers in the industry, here are the numbers: HIMS stock’s performance was -3.57% in the latest trading, and 6.34% in the past year.

An evaluation of the daily trading volume of Hims & Hers Health Inc (NYSE:HIMS) indicates that the 3-month average is 5.02 million.

Currently, records show that 205.10 million of the company’s shares remain outstanding. The insiders hold 34.85% of outstanding shares, whereas institutions hold 38.66%. However, since the stock’s price has seen 33.71% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.

Most Popular