Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. HSBC Holdings plc’s current trading price is -6.13% away from its 52-week high, while its distance from the 52-week low is 50.18%. The stock’s price range over this period has fluctuated between $24.77 and $39.63. The company, operating within the financial sector, had a trading volume of approximately 0.99 million for the day, which was noticeably lower than the average daily share volume of 2.34 million over the last 3 months.
HSBC Holdings plc (HSBC) stock is currently valued at $37.20. During the last session, the stock experienced a remarkable rise, reaching $38.54 after opening at $38.32. The stock briefly dropped to $38.145 before ultimately closing at $38.16.
Unlock the Hottest Top 10 Penny Stocks Today! Discover Now
Dive into the world of lucrative penny stocks with MarketClub's groundbreaking "Smart Scan" technology! Get an instant snapshot of the top 50 high volume stocks with a clear direction and outstanding liquidity - in other words, the strongest trending. To unlock this exclusive list, simply provide your first name, last name, and email for instant access.
Gain Access to Top 10 Penny Stocks Now!.
In terms of market performance, HSBC Holdings plc had a fairly even. The highest value for the stock in the past year was $39.63 on 02/21/23, and the lowest value was recorded at $24.77 on 10/12/22.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
HSBC Holdings plc (HSBC) has experienced a quarterly decline of -2.05% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 151.19B and boasts a workforce of 221656 employees.
HSBC Holdings plc: What Analysts Are Saying
As of right now, 4 analysts are rating HSBC Holdings plc as a BUY, 1 of the polled analysts branded the stock as an OVERWEIGHT, 0 analyst is recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 36.10, with a change in price of +5.94. Similarly, HSBC Holdings plc recorded 2,270,120 in trading volume during the last 100 days, posting a change of +19.03%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for HSBC stands at 0.45. Similarly, the long-term debt-to-equity ratio is also 0.45.
HSBC Stock Stochastic Average
Today, HSBC Holdings plc’s raw stochastic average for the past 50 days stands at 76.59%, indicating a rise from the raw stochastic average of the last 20 days, which was 50.85%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 78.36% and 88.18% respectively.
HSBC Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. Until today this year the stock’s price performance recorded an increase of 19.38%. However, over the last six months, the performance has been weaker by 29.39%. The price of HSBC increased 6.50% over the last 30 days. And in the last five days, it has fallen by -2.03%.