Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Hawaiian Electric Industries Inc.’s current trading price is -69.98% away from its 52-week high, while its distance from the 52-week low is 44.81%. The stock’s price range during this period has varied between $9.06 and $43.71. The company, active in the Utilities sector, saw a trading volume of around 22.95 million for the day, considerably higher average daily volume of 7.01 million observed over the last three months.
Hawaiian Electric Industries Inc. (HE) has a current stock price of $13.12. During the previous trading session, the stock witnessed a notable rise, reaching a high of $13.615 after opening at $13.14. The stock’s low for the day was $13.06, and it eventually closed at $13.23.
Hawaiian Electric Industries Inc.’s stock market performance has been somewhat irregular. The 1-year high for the company’s stock was recorded at $43.71 on 02/02/23, with the lowest value being $9.06 on 08/25/23.
How Financial Performance Impacts Market Capitalization
Hawaiian Electric Industries Inc. (HE) has experienced a quarterly decline of -65.24% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.45B and boasts a workforce of 3640 employees.
Decoding Analysts’ Ratings for Hawaiian Electric Industries Inc.
As of right now, 0 analyst is rating Hawaiian Electric Industries Inc. as a BUY, 0 of the polled analysts branded the stock as an OVERWEIGHT, 2 analysts are recommending to HOLD this stock, 1 of them gave the stock UNDERWEIGHT rating, and 1 analyst is rating the stock as SELL.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 31.54, with a change in price of -26.38. Similarly, Hawaiian Electric Industries Inc. recorded 4,777,432 in trading volume during the last 100 days, posting a change of -66.78%.
How HE’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for HE stands at 1.55. Similarly, the long-term debt-to-equity ratio is also 1.20.
HE Stock Stochastic Average
As of today, the raw stochastic average of Hawaiian Electric Industries Inc. over the last 50 days is at 13.05%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 64.14%. Further, the company’s Stochastic %K and %D values for the last 20 days were 60.64% and 49.67%, respectively.
HE Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. The index has shown a price loss of -68.65% this year. Over the last six months, there has been a stronger performance of -65.37%. The price of HE leaped by -9.95% during the last 30 days period. For the last 5-days stocks have improved 4.46%.