Harrow Inc (NASDAQ:HROW) shares traded 0.62% higher at $25.90 on Wall Street last session.
HROW stock price is now 1.97% away from the 50-day moving average and -27.27% away from the 200-day moving average. The market capitalization of the company currently stands at $950.52M.
With the price target of $57, H.C. Wainwright recently initiated with Buy rating for Harrow Inc (NASDAQ: HROW). On December 04, 2024, B. Riley Securities reiterated its ‘Buy’ rating on the stock by increasing its target price from $73 to quote $69, while ‘Craig Hallum’ rates the stock as ‘Buy’
In other news, Opaleye Management Inc., 10% Owner sold 10,000 shares of the company’s stock on May 12 ’25. The stock was sold for $258,959 at an average price of $25.90. Upon completion of the transaction, the 10% Owner now directly owns 130,000 shares in the company, valued at $3.37 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 13 ’25, 10% Owner Opaleye Management Inc. sold 5,000 shares of the business’s stock. A total of $132,945 was realized by selling the stock at an average price of $26.59. This leaves the insider owning 125,000 shares of the company worth $3.24 million. A total of 16.01% of the company’s stock is owned by insiders.
During the past 12 months, Harrow Inc has had a low of $16.71 and a high of $59.23. As of last week, the company has a debt-to-equity ratio of 4.07, a current ratio of 0.91, and a quick ratio of 0.85. The fifty day moving average price for HROW is $25.401 and a two-hundred day moving average price translates $35.6099 for the stock.
The latest earnings results from Harrow Inc (NASDAQ: HROW) was released for 2025-03-31. The net profit margin was -10.19% and return on equity was -37.23% for HROW. The company reported revenue of $47.83 million for the quarter, compared to $34.59 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 38.29 percent.
