Hims & Hers Health Stock Rockets Past $40 Mark with Double-Digit Surge
Investor enthusiasm propelled shares of Hims & Hers Health Inc. (NYSE: HIMS) significantly higher on Tuesday, May 2nd. The telehealth provider’s stock concluded the standard trading day at a strong 40.82 USD.
This closing price marked a substantial daily gain of +4.66 USD, representing a notable 12.89% increase. Positive momentum continued into the after-hours market, where HIMS stock saw a further uptick to 41.15 USD, adding another +0.33 USD or 0.81%, according to data recorded at 7:59 pm GMT-4.
The trading session for Hims & Hers Health began at 36.86 USD, already a gain from the previous closing price of 36.16 USD. Throughout the day, the stock navigated between a low of 36.62 USD and achieved an intraday peak of 41.09 USD, decisively breaking through the $40 threshold.
Hims & Hers Health operates direct-to-consumer platforms focused on providing health and wellness products and services. Key financial metrics displayed include a market capitalization listed as 913.00Cr and a Price-to-Earnings (P/E) ratio of 76.69. The company does not currently offer a dividend yield.
The stock’s performance on Tuesday adds another chapter to its volatile year. The 52-week trading range for HIMS spans from a low of 11.20 USD to a high of 72.98 USD, placing the current price well above its annual bottom.
