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. Honest Company Inc’s current trading price is -29.45% away from its 52-week high, while its distance from the 52-week low is 225.47%. The stock’s price range over this period has fluctuated between $1.06 and $4.89. The company, operating within the financial sector, had a trading volume of approximately 1.64 million for the day, which was noticeably higher than the average daily share volume of 0.99 million over the last 3 months.
Honest Company Inc ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $4.89 on 03/07/24, while the lowest value for the same period was recorded at $1.06 on 10/13/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Honest Company Inc (HNST) has experienced a quarterly rise of 18.15% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 330.82M and boasts a workforce of 176 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 3.12, with a change in price of +1.95. Similarly, Honest Company Inc recorded 1,020,738 in trading volume during the last 100 days, posting a change of +130.00%.
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 HNST stands at 0.24. Similarly, the long-term debt-to-equity ratio is also 0.18.
HNST Stock Stochastic Average
Today, Honest Company Inc’s raw stochastic average for the past 50 days stands at 32.08%, indicating a rise from the raw stochastic average of the last 20 days, which was 7.28%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 12.80% and 17.73% respectively.
HNST Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. The index has shown a price gain of 4.55% this year. Over the last six months, there has been a weaker performance of 194.87%. The price of HNST leaped by -26.12% during the last 30 days period. For the last 5-days stocks have slided -8.49%.
