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 gain of 7.91%.However, over the last six months, we can see a stronger performance of -2.60%. Over the last 30 days, the price of TH has leaped by -9.95%. And in the last five days, it has fallen by -6.91%.

Target Hospitality Corp experienced a rather shaky stock market performance. The highest value in the past year was recorded at $16.80 on 06/12/23 and the lowest value was $8.49 on 03/11/24.

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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 -37.50% away from its 52-week high, while its distance from the 52-week low is 23.60%. The stock’s price range during this period has varied between$8.49 and $16.80. The Target Hospitality Corp’s shares, which operate in the Industrials, saw a trading volume of around 1.67 million for the day, a figure considerably higher than their average daily volume of 0.56 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

Target Hospitality Corp (TH) has experienced a quarterly rise of 23.38% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.05B and boasts a workforce of 984 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 10.27, with a change in price of +1.37. Similarly, Target Hospitality Corp recorded 515,419 in trading volume during the last 100 days, posting a change of +15.01%.

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 0.53. Similarly, the long-term debt-to-equity ratio is also 0.50.

TH Stock Stochastic Average

Target Hospitality Corp’s raw stochastic average for the past 50 days is presently 15.19%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 15.19%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 10.75% and 22.97%, respectively.

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