A share price of Himalaya Shipping Ltd [HSHP] is currently trading at $4.99, up 1.01%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The HSHP shares have gain 6.85% over the last week, with a monthly amount drifted -3.85%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Himalaya Shipping Ltd [NYSE: HSHP] stock has seen the most recent analyst activity on August 19, 2024, when DNB Markets downgraded its rating to a Sell.
Himalaya Shipping Ltd experienced fluctuations in its stock price throughout the past year between $4.48 and $9.76. Himalaya Shipping Ltd [NYSE: HSHP] shares were valued at $4.99 at the most recent close of the market.
Analyzing the HSHP fundamentals
Trailing Twelve Months sales for Himalaya Shipping Ltd [NYSE:HSHP] were 112.30M which represents 282.77% growth. Gross Profit Margin for this corporation currently stands at 0.61% with Operating Profit Margin at 0.56%, Pretax Profit Margin comes in at 0.22%, and Net Profit Margin reading is 0.22%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.16 and Total Capital is 0.07. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of4.49.
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 4.94 points at the first support level, and at 4.89 for the second support level. However, for the 1st resistance point, the stock is sitting at 5.05, and for the 2nd resistance point, it is at 5.10.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Himalaya Shipping Ltd [NYSE:HSHP] is 0.87. Also, the Quick Ratio is 0.82, while the Cash Ratio stands at 0.63. Considering the valuation of this stock, the price to sales ratio is 1.95, the price to book ratio is 1.37 and price to earnings (TTM) ratio is 8.89.
