Analyzing the Impact of Earnings Reports on HP Inc Inc. (HPQ) Price Performance

Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. Year to date metric has recorded a gain of 4.17%.However, over the last six months, we can see a stronger performance of -8.86%. Over the last 30 days, the price of HPQ has fallen by 7.61%. And in the last five days, it has surged by 0.76%.

At present, HP Inc (HPQ) has a stock price of $27.99. In the previous session, the stock saw a rise, peaking at $28.25 after an opening price of $28.08. The day’s lowest price was $27.855, and it closed at $28.31.

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HP Inc experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $33.90 on 07/12/23, while the lowest price for the same period was registered at $25.22 on 09/28/23.

52-week price history of HPQ Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. HP Inc’s current trading price is -17.43% away from its 52-week high, while its distance from the 52-week low is 10.98%. The stock’s price range during this period has varied between$25.22 and $33.90. The HP Inc’s shares, which operate in the Technology, saw a trading volume of around 8.42 million for the day, a figure considerably higher than their average daily volume of 8.11 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

HP Inc (HPQ) has experienced a quarterly decline of -9.77% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 27.66B and boasts a workforce of 58000 employees.

HP Inc: Analysts’ Ratings Unveiled

As of right now, 4 analysts are rating HP Inc as a BUY, 1 of the polled analysts branded the stock as an OVERWEIGHT, 11 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 2 analysts are rating the stock as SELL.

Combining Moving Average and Trading Volume Data for Better Market Insight

Based on Barchart.com data, the company’s moving average over the 100-day period was 29.28, with a change in price of -2.33. Similarly, HP Inc recorded 7,152,198 in trading volume during the last 100 days, posting a change of -7.68%.

HPQ Stock Stochastic Average

HP Inc’s raw stochastic average for the past 50 days is presently 65.33%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 72.84%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 78.49% and 82.81%, respectively.

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