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. Hawaiian Electric Industries, Inc.’s current trading price is -72.85% away from its 52-week high, while its distance from the 52-week low is 20.35%. The stock’s price range over this period has fluctuated between $9.06 and $40.16. The company, operating within the financial sector, had a trading volume of approximately 1.17 million for the day, which was noticeably lower than the average daily share volume of 2.5 million over the last 3 months.
The market performance of Hawaiian Electric Industries, Inc.’s stock has been turbulent in recent times. Over the last year, the company’s stock reached its highest point at $40.16 on 07/26/23, while the lowest value for the same duration was $9.06 on 08/25/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Hawaiian Electric Industries, Inc. (HE) has experienced a quarterly decline of -18.14% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.20B and boasts a workforce of 3706 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 13.12, with a change in price of -1.65. Similarly, Hawaiian Electric Industries, Inc. recorded 2,560,487 in trading volume during the last 100 days, posting a change of -13.16%.
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 HE stands at 1.70. Similarly, the long-term debt-to-equity ratio is also 1.70.
HE Stock Stochastic Average
Today, Hawaiian Electric Industries, Inc.’s raw stochastic average for the past 50 days stands at 1.87%, indicating a decline from the raw stochastic average of the last 20 days, which was 3.34%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 3.09% and 7.57% respectively.
HE Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. This year’s metric has recorded a Price decrease of -23.16%. However, over the past six months, we’ve seen a stronger performance of -18.08%. The price of HE leaped by -16.83% over the last 30 days. And in the last five days, it has fallen by -7.20%.
