Helius Medical Technologies Inc (NASDAQ:HSDT) does about 5.62M shares in volume on a normal day but saw 5244523 shares change hands in the recent trading day. The company now has a market cap of 0.16M USD. Its current market price is $0.32, marking a decrease of -3.03%% compared to the previous close of $0.33. The 52 week high reached by this stock is $24.00 whilst the lowest price level in 52 weeks is $0.30.
The consensus objective for the share price is $60.00, suggesting that the stock has a potential upside of 99.47% over the period.
FactSet Research has provided data showing that 3 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 0 advise that it is a overweight. 3 analysts have rated it as a buy and 0 have advised that investors hold their positions. The consensus recommendation rating is Buy and Wall Street’s advice is for investors to Strong Buy the stock.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on March 24, 2021 when Noble Capital Markets initiated the stock to “Outperform” and issued a price target of $20.
The current price level is -82.88%, -90.43%, and -95.66% away from its SMA20, SMA50, and SMA200 respectively, with the HSDT price moving above the 50-day SMA on current market day. Helius Medical Technologies Inc (HSDT) stock is down -37.13% over the week and -92.64% over the past month. Its price is -97.86% year-to-date and -96.82% over the past year.
To reach the target analysts have set, the stock logically needs to grow 99.47 percent from here.
The company has a return on investment of -1020.63% and return on equity of -800.00%. The beta has a value of 1.15. Price to book ratio is 0.10 and price to sales ratio is 0.38.