Harrow Inc (HROW) Stock Up 3.93%: Latest Performance Analysis

A share price of Harrow Inc [HROW] is currently trading at $13.23, up 3.93%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The HROW shares have gain 25.05% over the last week, with a monthly amount glided 20.93%, and seem to be holding up well over a long-time horizon.

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On 19, March 2024, Harrow Announces Fourth Quarter and Year-End 2023 Financial Results. In a post published today on Yahoo Finance, Full-Year 2023 Highlights:.

From an analyst’s perspective:

On September 24, 2021, Aegis Capital initiated with a Buy rating and assigned a price target of $15 on the stock. Ladenburg Thalmann started tracking the stock assigning a Buy rating and suggested a price target of $14.25 on July 02, 2021.

Harrow Inc experienced fluctuations in its stock price throughout the past year between $7.60 and $28.25. Harrow Inc [NASDAQ: HROW] shares were valued at $13.23 at the most recent close of the market.

Analyzing the HROW fundamentals

Trailing Twelve Months sales for Harrow Inc [NASDAQ:HROW] were 130.19M which represents 78.83% growth. Gross Profit Margin for this corporation currently stands at 0.7% with Operating Profit Margin at -0.01%, Pretax Profit Margin comes in at -0.18%, and Net Profit Margin reading is -0.19%. To continue investigating profitability, this company’s Return on Assets is posted at -0.08, Equity is -0.52 and Total Capital is -0.01. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 2.61.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 12.79 points at the first support level, and at 12.36 for the second support level. However, for the 1st resistance point, the stock is sitting at 13.57, and for the 2nd resistance point, it is at 13.92.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Harrow Inc [NASDAQ:HROW] is 2.82. As well, the Quick Ratio is 2.60, while the Cash Ratio is 1.5. Considering the valuation of this stock, the price to sales ratio is 3.59, the price to book ratio is 6.61.

Transactions by insiders

Recent insider trading involved Opaleye Management Inc., 10% Owner, that happened on Mar 28 ’24 when 50000.0 shares were purchased. CHIEF EXECUTIVE OFFICER, BAUM MARK L completed a deal on Mar 22 ’24 to buy 9000.0 shares. Meanwhile, 10% Owner Opaleye Management Inc. bought 50600.0 shares on Mar 20 ’24.

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