Target Hospitality Corp. (TH) is priced at $3.42 after the most recent trading session. At the very opening of the session, the stock price was $3.14 and reached a high price of $3.69, prior to closing the session it reached the value of $3.12. The stock touched a low price of $3.10.
Recently in News on March 30, 2021, Target Hospitality Announces Fourth Quarter and Full Year 2020 Results and Provides Full Year 2021 Financial Outlook. Target Hospitality Corp. (“Target Hospitality”, “Target” or the “Company”) (NASDAQ: TH), the largest provider of vertically-integrated specialty hospitality accommodations with premium food management and value-added hospitality services in the U.S., today reported results for the fourth quarter and year ended December 31, 2020. You can read further details here
Target Hospitality Corp. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $4.20 on 04/07/21, with the lowest value was $1.50 for the same time period, recorded on 01/27/21.
Target Hospitality Corp. (TH) full year performance was 96.55%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Target Hospitality Corp. shares are logging -20.28% during the 52-week period from high price, and 317.07% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $0.82 and $4.29.
The company’s shares, operating in the sector of Energy managed to top a trading volume set approximately around 2905094 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Target Hospitality Corp. (TH) recorded performance in the market was 116.46%, having the revenues showcasing 108.54% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 372.30M, as it employees total of 496 workers.
The Analysts eye on Target Hospitality Corp. (TH)
During the last month, 0 analysts gave the Target Hospitality Corp. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 2 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 1.88, with a change in the price was noted +2.03. In a similar fashion, Target Hospitality Corp. posted a movement of +146.04% for the period of last 100 days, recording 721,999 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for TH is recording 3.81 at the time of this writing. In addition, long term Debt to Equity ratio is set at 3.77.
Technical rundown of Target Hospitality Corp. (TH)
Raw Stochastic average of Target Hospitality Corp. in the period of last 50 days is set at 71.00%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 68.03%. In the last 20 days, the company’s Stochastic %K was 63.41% and its Stochastic %D was recorded 67.58%.
Considering, the past performance of Target Hospitality Corp., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 116.46%. Additionally, trading for the stock in the period of the last six months notably improved by 163.08%, alongside a boost of 96.55% for the period of the last 12 months. The shares increased approximately by 31.54% in the 7-day charts and went down by 81.91% in the period of the last 30 days. Common stock shares were driven by 108.54% during last recorded quarter.