SHF Holdings Inc (NASDAQ:SHFS) traded with an addition of $0.06 to $0.89 on Thursday, an upside of 7.12 percent. An average of 220,573 shares of common stock have been traded in the last five days. There was a gain of $0.1548 in the past week, and it reached a new high 2 times over the past 12 months. The last 20 days have seen an average of 533,938 shares traded, while the 50-day average volume stands at 240,121.
SHFS stock has increased by 161.25% in the last month. The company shares reached their 1-month lowest point of $0.3300 on 08/30/23. With the stock rallying to its 52-week high on 01/05/23, shares of the company touched a low of $0.33 and a high of $13.60 in 52 weeks. It has reached a new high 2 times so far this year and lost -49.97% or -$0.8851 in price. In spite of this, the price is down -93.47% from the 52-week high.
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Valuation Metrics
SHF Holdings Inc (SHFS) has a trailing price-to-earnings (P/E) ratio of N/A for the broader industry. The stock’s beta is -0.39. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 2.79, the price-to-book (PB) ratio at 1.50, and the price-to-cash flow ratio at 52.68.
Financial Health
The quick ratio of SHF Holdings Inc for the recent quarter was 0.51, and the current ratio was 0.51, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.49 and a total debt to equity ratio of 0.57 for the recent quarter. SHF Holdings Inc’s EBITDA margin is -21.19%, while its operating margin for the same period stands at -38.63%. Its gross profit as reported stood at $11.68 million compared to revenue of $9.48 million.
Earnings Surprise
For the recent quarter, SHF Holdings Inc had $12.52 million in total debt. Shareholders own equity worth $46.27 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at SHF Holdings Inc (SHFS) price momentum. RSI 9-day as of the close on 27 September was 81.44%, suggesting the stock is Overbought, with historical volatility in this time frame at 84.65%.
As of today, SHFS’s price is $0.8058 +21.06% or $0.1548 from its 5-day moving average. SHFS is currently trading +140.12% higher than its 20-day SMA and +73.64% higher than its 100-day SMA. However, the stock’s current price level is +73.10% above the SMA50 and -73.11% below the SMA200.
The stochastic %K and %D were 89.74% and 83.81%, respectively, and the average true range (ATR) was 0.0814. With the 14-day stochastic at 100.00% and the average true range at 0.0760, the RSI (14) stands at 78.03%. The stock has reached 0.0424 on the 9-day MACD Oscillator while the 14-day reading was at 0.1196.
Analyst Ratings
The consensus rating for SHF Holdings Inc (SHFS) among analysts is Buy. According to current brokerage recommendations, 0 brokerage firms advise that investors sell SHFS, while 0 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 1 others rate it as a “buy”.
What is SHFS’s price target for the next 12 months?
Analysts predict a range of price targets between $1.50 and $1.50, with a median target of $1.50. Taking a look at these predictions, the average price target given by analysts for SHF Holdings Inc (SHFS) stock is $1.50.
