Harrow Inc (NASDAQ: HROW) on Friday, plunged -4.82% from the previous trading day, before settling in for the closing price of $47.73. Within the past 52 weeks, HROW’s price has moved between $20.85 and $59.23.
The company achieved an average annual earnings per share of 179.34%. With a float of $30.86 million, this company’s outstanding shares have now reached $36.71 million.
Harrow Inc (HROW) Insider Activity
Observing investor behavior towards Drug Manufacturers – Specialty & Generic industry stocks is more important than anything else. The insider ownership of Harrow Inc is 16.60%, while institutional ownership is 57.36%. The most recent insider transaction that took place on Jun 10 ’25, was worth 462,033. In this transaction 10% Owner of this company sold 15,000 shares at a rate of $30.80, taking the stock ownership to the 90,000 shares. Before that another transaction happened on Jun 09 ’25, when Company’s 10% Owner sold 15,204 for $30.37, making the entire transaction worth $461,794. This insider now owns 105,000 shares in total.
Harrow Inc (HROW) Earnings and Forecasts
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported -0.05 earnings per share (EPS) for the period falling under the consensus outlook (set at 0.07) by -0.12. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.62 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 179.34% per share during the next fiscal year.
Harrow Inc (NASDAQ: HROW) Trading Performance Indicators
Harrow Inc (HROW) is currently performing well based on its current performance indicators. A quick ratio of 0.58 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.38. Likewise, its price to free cash flow for the trailing twelve months is 661.81.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.30, a number that is poised to hit 0.24 in the next quarter and is forecasted to reach 1.81 in one year’s time.
Technical Analysis of Harrow Inc (HROW)
Looking closely at Harrow Inc (NASDAQ: HROW), its last 5-days average volume was 0.86 million, which is a jump from its year-to-date volume of 0.51 million. As of the previous 9 days, the stock’s Stochastic %D was 44.84%.
During the past 100 days, Harrow Inc’s (HROW) raw stochastic average was set at 79.73%, which indicates a significant increase from 37.66% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 2.29 in the past 14 days, which was higher than the 1.82 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $39.51, while its 200-day Moving Average is $31.96. However, in the short run, Harrow Inc’s stock first resistance to watch stands at $46.98. Second resistance stands at $48.52. The third major resistance level sits at $49.54. If the price goes on to break the first support level at $44.41, it is likely to go to the next support level at $43.39. Should the price break the second support level, the third support level stands at $41.85.
Harrow Inc (NASDAQ: HROW) Key Stats
Market capitalization of the company is 1.68 billion based on 37,002K outstanding shares. Right now, sales total 199,610 K and income totals -17,480 K. The company made 63,740 K in profit during its latest quarter, and 5,000 K in sales during its previous quarter.
