A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The metric has seen a significant loss of -24.03% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -10.98%. Over the past 30 days, the price of HE has leaped by -8.10%. And in the last five days, it has fallen by -2.44%.
Hawaiian Electric Industries, Inc. ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $40.16 on 07/26/23, while the lowest value for the same period was recorded at $9.06 on 08/25/23.
52-week price history of HE Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Hawaiian Electric Industries, Inc.’s current trading price is -73.16% away from its 52-week high, while its distance from the 52-week low is 18.98%. The stock’s price range during this period has varied between$9.06 and $40.16. The Hawaiian Electric Industries, Inc.’s shares, which operate in the Utilities, saw a trading volume of around 2.8 million for the day, a figure considerably higher than their average daily volume of 2.19 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Hawaiian Electric Industries, Inc. (HE) has experienced a quarterly decline of -27.99% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.19B and boasts a workforce of 3706 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 12.79, with a change in price of -1.26. Similarly, Hawaiian Electric Industries, Inc. recorded 2,352,831 in trading volume during the last 100 days, posting a change of -10.47%.
HE’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of 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 1.67.
HE Stock Stochastic Average
Hawaiian Electric Industries, Inc.’s raw stochastic average for the past 50 days is presently 1.58%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 5.10%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 26.30% and 26.16%, respectively.
