The trading volume of HOTH has been increasing recently. Will its stock price rise?
7/18/2025 12:01am
**The likelihood of HOTH's stock price increasing in the near term is moderate.** Here's why:
1. **Recent Positive Developments**: Hoth Therapeutics has recently announced the formation of a joint venture with Silo Pharma to develop an obesity treatment technology exclusively licensed from the U.S. Department of Veterans Affairs. This strategic move could potentially lead to significant market opportunities, as the obesity treatment market is projected to be worth over $100 billion.
2. **Market Sentiment**: The announcement of this joint venture has led to an increase in investor sentiment, with HOTH's stock price demonstrating impressive momentum with a 71% return year-to-date. Additionally, the company's positive preclinical safety data for its cancer treatment candidate HT-KIT has also contributed to the surge in investor interest.
3. **Technical Indicators**: The stock's trading volume has been increasing over the recent three days, with a total of 943,287 shares traded as of July 17, 2025. However, the stock price has remained stable at $1.34 during this period. While increased trading volume can be a precursor to a price movement, it is not a guarantee.
|code|Ticker|Name|Date|Trading Volume|market_code|
|---|---|---|---|---|---|
|HOTH|HOTH.O|Hoth Therapeutics|20250717|318503|186|
|code|Ticker|Name|Date|Closing Price|market_code|
|---|---|---|---|---|---|
|HOTH|HOTH.O|Hoth Therapeutics|20250717|1.34|186|
4. **Analyst Optimism**: Analysts tracking HOTH have maintained optimistic price targets between $4-5, which is significantly above the current trading level. This suggests that there may be potential for the stock price to rise in the future.
5. **Financial Health**: HOTH has demonstrated impressive financial health, with more cash than debt on its balance sheet. This financial stability could provide a solid foundation for the company to pursue growth opportunities and potentially increase its stock price.
However, it is important to note that while there are positive indicators for HOTH's stock price, it is not a guarantee that the stock will rise. Market dynamics and investor sentiment can change rapidly, and it is always important to conduct thorough due diligence and consider all factors before making investment decisions.