Hims & Hers Health Inc’s Stock Price Relatively Up Recently, But Trouble Is Still Brewing

CTK Stock

Hims & Hers Health Inc (NYSE:HIMS) traded at $34.71 at close of the session on Tuesday, March 11 and made an upward move of 0.70% on its previous day’s price.

Hims & Hers Health Inc has a market cap of $7.71 billion and is expected to release its quarterly earnings report in April.

On the other hand, looking at the outlook for the HIMS stock, short term indicators assign the stock an average of 50% Buy, while medium term indicators assign it an average of 50% Buy.

Based on estimates by 13 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 5 have rated the Hims & Hers Health Inc (HIMS) stock as a Hold, while 7 rate it as a Buy. 1 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.

Looking further, we note that the PEG ratio for the HIMS stock currently stands at 2.09, and the current price level is -25.64% off its SMA20 and -7.12% from its 50-day simple moving average. The RSI (14) is pointing at 41.74 while the volatility over the past week is 11.31% and jumps to 13.78% over the past one month. The beta value is 1.60, while the average true range (ATR) is currently pointing at 5.72. The average price target for the stock over the next 12 months is $25.5, with the estimates having a low of $21 and a high of $68. These price ends are 39.5% and -95.91% off the current price level respectively, although investors could be excited at the prospect of a 26.53% if the HIMS share price touches on the median price of $25.5.

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