Hims & Hers Stock (HIMS) Soars Over 12%, Blasts Through $40 Barrier
Hims & Hers Health Inc. (NYSE: HIMS) experienced a powerful rally on Tuesday, May 2nd, with its shares closing significantly higher. The telehealth company ended the regular trading session valued at 40.82 USD.
This closing price reflected a substantial daily gain of +4.66 USD, marking an impressive 12.89% surge. The upward momentum carried into after-hours trading, where HIMS stock added another +0.33 USD, or 0.81%, reaching 41.15 USD as of 7:59 pm GMT-4.
The day’s trading for Hims & Hers Health started strong at 36.86 USD, opening considerably above the previous close of 36.16 USD. Shares reached a peak of 41.09 USD during the session, decisively pushing past the key $40 level, while the intraday low was 36.62 USD.
Hims & Hers Health provides telehealth services and products directly to consumers, focusing on various health and wellness categories. The company’s market data shows a Price-to-Earnings (P/E) ratio of 76.69. It currently does not offer a dividend yield.
This significant single-day jump places the stock well above its 52-week low of 11.20 USD. The 52-week high for HIMS stands at 72.98 USD, indicating the stock still has ground to cover to reach its past peak, despite Tuesday’s strong performance.
