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. Hanesbrands Inc’s current trading price is -54.55% away from its 52-week high, while its distance from the 52-week low is 12.99%. The stock’s price range over this period has fluctuated between $3.54 and $8.80. The company, operating within the financial sector, had a trading volume of approximately 6.63 million for the day, which was noticeably lower than the average daily share volume of 6.99 million over the last 3 months.
The present stock price for Hanesbrands Inc (HBI) is $4.00. In the last trading session, the stock made a considerable jump, reaching $4.11 after an opening price of $4.11. The stock briefly fell to $3.925 before ending the session at $4.10.
Hanesbrands Inc experienced a rather shaky stock market performance. The highest value in the past year was recorded at $8.80 on 02/01/23 and the lowest value was $3.54 on 09/27/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Hanesbrands Inc (HBI) has experienced a quarterly decline of -22.33% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.40B and boasts a workforce of 51000 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 4.58, with a change in price of -0.50. Similarly, Hanesbrands Inc recorded 7,152,872 in trading volume during the last 100 days, posting a change of -11.11%.
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 HBI stands at 14.71. Similarly, the long-term debt-to-equity ratio is also 13.35.
HBI Stock Stochastic Average
Today’s raw stochastic average for Hanesbrands Inc over the last 50 days is 38.33%.This indicates a increase from the raw stochastic average of the past 20 days, which was 31.03%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 41.38% and 51.60%, respectively.
HBI Stock Price Performance Analysis
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. The index has shown a price loss of -37.11% this year. Over the last six months, there has been a stronger performance of -4.31%. The price of HBI leaped by -8.88% during the last 30 days period. For the last 5-days stocks have improved 6.38%.
