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. HP Inc’s current trading price is -11.15% away from its 52-week high, while its distance from the 52-week low is 19.43%. The stock’s price range over this period has fluctuated between $25.22 and $33.90. The company, operating within the financial sector, had a trading volume of approximately 6.44 million for the day, which was noticeably lower than the average daily share volume of 8.43 million over the last 3 months.
HP Inc experienced a rather steady stock market performance. The highest value in the past year was recorded at $33.90 on 07/12/23 and the lowest value was $25.22 on 09/28/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
HP Inc (HPQ) has experienced a quarterly decline of -0.95% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 29.47B and boasts a workforce of 58000 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 29.24, with a change in price of +3.64. Similarly, HP Inc recorded 8,694,575 in trading volume during the last 100 days, posting a change of +13.75%.
HPQ Stock Stochastic Average
Today, HP Inc’s raw stochastic average for the past 50 days stands at 72.58%, indicating a rise from the raw stochastic average of the last 20 days, which was 72.58%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 68.94% and 68.78% respectively.
HPQ Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. The metric has seen a significant gain of 0.10% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 17.11%. Over the past 30 days, the price of HPQ has fallen by 4.47%. And in the last five days, it has surged by 1.48%.
