Shares of Hims & Hers Health Inc (NYSE: HIMS) recorded a dramatic surge during the trading session on April 29th. The stock closed the day significantly higher at 35.04 USD.
This closing price marked a substantial gain of 6.56 USD, representing an impressive 23.03 percent increase for the day. The market concluded trading at 7:59 pm GMT-4. Following the strong close, HIMS shares experienced a minor pullback in after-hours trading, slipping 0.30 USD or 0.86 percent, to settle at 34.74 USD.
The significant daily gain propelled the stock well above its previous closing price of 28.48 USD. Volatility was evident throughout the session, as Hims & Hers Health stock opened at 37.94 USD, which also served as the intraday high. The shares dipped to a low of 32.95 USD before rallying to their strong closing position.
According to the market summary data, the company’s market capitalization is listed at 783.72Cr. Hims & Hers Health currently trades with a price-to-earnings (P/E) ratio of 65.83. The company does not currently offer a dividend yield to its shareholders.
The recent price action fits within a wide 52-week range for the stock. Over the past year, HIMS shares have traded between a low of 11.20 USD and a high of 72.98 USD.
