Hanesbrands Inc experienced a rather steady stock market performance. The highest value in the past year was recorded at $5.71 on 03/08/24 and the lowest value was $3.54 on 09/27/23.
52-week price history of HBI Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Hanesbrands Inc’s current trading price is -6.13% away from its 52-week high, while its distance from the 52-week low is 51.41%. The stock’s price range during the 52-week period has remained between $3.54 and $5.71. In the Consumer Cyclical sector, the company’s shares saw a trading volume of around 5.9 million for the day, which was evidently lower than the average daily volume of 8.06 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Hanesbrands Inc (HBI) has experienced a quarterly rise of 37.44% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.88B and boasts a workforce of 48000 employees.
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 4.35, with a change in price of +1.19. Similarly, Hanesbrands Inc recorded 7,790,814 in trading volume during the last 100 days, posting a change of +28.54%.
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 8.96. Similarly, the long-term debt-to-equity ratio is also 8.56.
HBI Stock Stochastic Average
As of today, Hanesbrands Inc’s raw stochastic average for the last 50 days stands at 80.87%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 78.73%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 88.40% and 91.19%, respectively.
HBI Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. The index has shown a price gain of 20.18% this year. Over the last six months, there has been a weaker performance of 12.84%. The price of HBI fallen by 17.54% during the last 30 days period. For the last 5-days stocks have slided -0.92%.
