Heat Biologics Inc. [NASDAQ:HTBX] has active tape with a current price of $1.34.
For the year, the stock is trading 182.11% and the five-day change stands at -2.90%. As a point of reference, the S&P 500 is trading 0.67% YTD.
Other data to note about the company today is the Recommendation Trend that is leaning toward Heat Biologics Inc. [HTBX] as Moderate Buy.
The Price is right
Holding a Market Cap of $184.20 million, Heat Biologics Inc. has seen a trading range over the last year of $0.19-$4.30.
For the last five days, HTBX is down from its last closing price. The average shares trading hands each day is 31.46M, with average 10-day volume coming in at 20.84 million.
Using a Force Index Indicator is a good way to look at how strong actual buying and selling pressure is for HTBX. When we apply the Elder Force Index to Heat Biologics Inc., we are seeing an Elder Force Indicator number of 912988.1.
The company’s enterprise value has gone from $68.30M to $31.59M quarter-over-quarter. Obviously, the company is heading in the wrong direction, but there are still opportunities for growth in the sector.
In the last quarter, HTBX made a profit of 5.44 million. Heat Biologics Inc. also saw quarter revenue growth year over year of -47.37%. In addition, the company has operating cash flow of -$14.68 million.
Looking at popular technical indicators, the company’s 5-day moving average is 1.2900 compared to the 50-day moving average of 1.9440. So, traders might want to tread carefully if they are going to bid.
The Relative Strength Index or RSI is an indicator ranging between 0 and 100 that traders use to determine if a stock is “overbought” or “oversold.” A strong uptrend tending to reach into the “overbought” status is above 70, while a downward trend will stay around the 30 mark. HTBX currently holds a 9-day RSI of 38.50%, while 100-day RSI stands at 51.90%.
Another indicator we believe is worth keeping tabs on is the Moving Average Convergence Divergence or MACD. Similar to the concept of the Force Index — on the basis of price momentum — the MACD gives traders a tool to measure the turning point of a stock even during rapid fluctuations in price. Buy and sell signals are determined by a stock’s relation to the zero line, so if a stock is above a zero line for many weeks it might be a “buy.” On the other hand, if a stock is below the zero line consistently, it might be one to stay away from. Also, if the MACD line reaches a peak and dips, its momentum may be waning. HTBX’s 9-day MACD is -0.0644 and the company’s 100-day MACD stands at 0.1531.
Another area that is important to analyze is insider moves and majority shareholders. While this is not always an error-free way to tell what the future holds for a stock, you can maybe gather important information from reading the tea leaves about who is buying and selling.
Overall, the recommended rating for HTBX is Moderate Buy. Currently, the company has Heat Biologics, Inc. analysts watching the stock, and the average quarterly earnings estimate is Heritage Commerce Corp.