A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. Target Hospitality Corp’s current trading price is -34.28% away from its 52-week high, while its distance from the 52-week low is 90.00%. The stock’s price range for this time frame has been between $4.00 and $11.56. The trading volume of the company’s shares in the Industrials reached around 0.63 million for the day, which was evidently lower than the average daily volume of 0.87 million over the last three months.
Target Hospitality Corp’s stock has seen a rocky market performance. The company’s stock achieved a 1-year high of $11.56 on 05/28/24, and the lowest price during that time was $4.00, recorded on 02/24/25.
How Financial Performance Impacts Market Capitalization
Target Hospitality Corp (TH) has experienced a quarterly decline of -18.80% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 755.17M and boasts a workforce of 770 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 7.63, with a change in price of -2.13. Similarly, Target Hospitality Corp recorded 738,653 in trading volume during the last 100 days, posting a change of -21.89%.
How TH’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for TH stands at 0.13. Similarly, the long-term debt-to-equity ratio is also 0.11.
TH Stock Stochastic Average
The raw stochastic average for Target Hospitality Corp over the last 50 days is presently at 98.21%. This reflects a surge from the raw stochastic average of the previous 20 days, which was noted at 97.32%. Further, the company’s Stochastic %K and %D values for the last 20 days were 83.94% and 84.77%, respectively.
TH Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. The metric has seen a significant loss of -21.37% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -9.09%. Over the past 30 days, the price of TH has fallen by 18.38%. And in the last five days, it has surged by 8.73%.
