The stock price for Hanesbrands Inc. (HBI) currently stands at $4.48. The stock experienced a substantial increase in the last session, hitting $4.68 after starting at $4.65. The stock’s lowest price was $4.58 before closing at $4.63.
Hanesbrands Inc. saw a rather unpredictable run in, in terms of market performance. The company’s stock reached its highest point at $8.80 on 02/01/23, while the lowest price for the same duration was marked at $3.85 on 05/16/23.
52-week price history of HBI Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Hanesbrands Inc.’s current trading price is -49.07% away from its 52-week high, while its distance from the 52-week low is 16.42%. The stock’s price range during this period has spanned from $3.85 to $8.80. In the Consumer Cyclical sector, the Hanesbrands Inc.’s shares surpassed a trading volume of approximately 1.72 million for the day, which was noticeably lower compared to the average daily volume of 9.7.7 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Hanesbrands Inc. (HBI) has experienced a quarterly decline of -4.43% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.59B and boasts a workforce of 51000 employees.
A Closer Look at Analysts’ Ratings for Hanesbrands Inc.
As of right now, 1 analyst is rating Hanesbrands Inc. as a BUY, 0 of the polled analysts branded the stock as an OVERWEIGHT, 8 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 2 analysts are rating the stock as SELL.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 4.73, with a change in price of -0.40. Similarly, Hanesbrands Inc. recorded 7,884,136 in trading volume during the last 100 days, posting a change of -8.21%.
Examining HBI’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for HBI stands at 10.67. Similarly, the long-term debt-to-equity ratio is also 10.07.
HBI Stock Stochastic Average
Today’s raw stochastic average for Hanesbrands Inc. over the last 50 days is 13.08%.This indicates a increase from the raw stochastic average of the past 20 days, which was 3.70%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 11.01% and 11.44%, respectively.
HBI Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. This year’s metric has recorded a Price decrease of -29.53%. However, over the past six months, we’ve seen a stronger performance of -11.94%. The price of HBI leaped by -17.61% over the last 30 days. And in the last five days, it has fallen by -2.77%.