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.
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.