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TH: Riding the Market Waves of Growth and Decline in 2023

The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a loss of -4.62%.However, over the last six months, we can see a stronger performance of -35.51%. Over the last 30 days, the price of TH has leaped by -0.75%. And in the last five days, it has fallen by -5.88%.

Target Hospitality Corp experienced a rather shaky stock market performance. The highest value in the past year was recorded at $17.88 on 03/14/23 and the lowest value was $8.85 on 12/15/23.

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52-week price history of TH Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Target Hospitality Corp’s current trading price is -48.10% away from its 52-week high, while its distance from the 52-week low is 4.86%. The stock’s price range during this period has varied between$8.85 and $17.88. The Target Hospitality Corp’s shares, which operate in the Industrials, saw a trading volume of around 0.58 million for the day, a figure considerably lower than their average daily volume of 0.77 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

Target Hospitality Corp (TH) has experienced a quarterly decline of -26.23% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 943.40M and boasts a workforce of 921 employees.

Combining Moving Average and Trading Volume Data for Better Market Insight

Based on Barchart.com data, the company’s moving average over the 100-day period was 11.82, with a change in price of -4.67. Similarly, Target Hospitality Corp recorded 682,680 in trading volume during the last 100 days, posting a change of -33.48%.

TH’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look

The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for TH stands at 0.67. Similarly, the long-term debt-to-equity ratio is also 0.03.

TH Stock Stochastic Average

Target Hospitality Corp’s raw stochastic average for the past 50 days is presently 17.41%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 23.71%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 39.86% and 45.36%, respectively.

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