The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Hanesbrands Inc’s current trading price is -19.97% away from its 52-week high, while its distance from the 52-week low is 32.49%. The stock’s price range for this period has been between $3.54 and $5.86 The company’s shares, which are part of the Consumer Cyclical sector, had a trading volume of approximately 8.15 million for the day, a number notably lower than the average daily volume of 9.36 million over the last three months.
Hanesbrands Inc experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $5.86 on 04/01/24, while the lowest price for the same period was registered at $3.54 on 09/27/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Hanesbrands Inc (HBI) has experienced a quarterly rise of 13.83% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.65B and boasts a workforce of 48000 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 4.60, with a change in price of +0.59. Similarly, Hanesbrands Inc recorded 8,673,357 in trading volume during the last 100 days, posting a change of +14.39%.
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 HBI stands at 8.96. Similarly, the long-term debt-to-equity ratio is also 8.56.
HBI Stock Stochastic Average
Hanesbrands Inc’s raw stochastic average for the past 50 days is presently 34.84%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 4.10%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 8.35% and 12.38%, respectively.
HBI Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The index has shown a price gain of 5.16% this year. Over the last six months, there has been a weaker performance of 20.88%. The price of HBI leaped by -11.84% during the last 30 days period. For the last 5-days stocks have slided -8.40%.
