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Target Hospitality Corp’s Banking’s 100-Day Moving Average at 8.61: Will the Stock Break Through?

The market performance of Target Hospitality Corp has been somewhat unstable. Over the past year, the company’s stock achieved a high of $11.84 on 05/14/24, with the lowest value for the same timeframe being $4.00, recorded on 02/24/25.

52-week price history of TH Stock

A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Target Hospitality Corp’s current trading price is -49.07% away from its 52-week high, while its distance from the 52-week low is 50.75%. The stock’s price range during this period has fluctuated between $4.00 and $11.84. Shares of the company, which operates in the Industrials sector, recorded a trading volume of around 0.97 million for the day, which was evidently higher than the average daily volume of 0.81 million over the last three months.

Financial Performance and Market Capitalization

Target Hospitality Corp (TH) has experienced a quarterly decline of -25.46% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 596.61M and boasts a workforce of 984 employees.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 8.61, with a change in price of -1.54. Similarly, Target Hospitality Corp recorded 674,210 in trading volume during the last 100 days, posting a change of -20.16%.

TH Debt-to-equity ratio analysis

The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for TH stands at 0.47. Similarly, the long-term debt-to-equity ratio is also 0.02.

TH Stock Stochastic Average

Target Hospitality Corp’s raw stochastic average for the past 50 days is currently at 29.58%. This represents a fall from the raw stochastic average of the last 20 days, which was recorded at 34.31%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 27.94% and 26.07%, respectively.

TH Stock Price Performance Analysis

Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. Year to date metric has recorded a loss of -37.61%.However, over the last six months, we can see a stronger performance of -37.12%. Over the last 30 days, the price of TH has leaped by -35.71%. And in the last five days, it has surged by 6.73%.

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