The stock price performance this year has been a mixed bag, which means people have different opinions about whether it’s been good or bad. Some may see it as optimistic, while others may view it as pessimistic. This year’s metric has recorded a Price decrease of -5.76%. However, over the past six months, we’ve seen a weaker performance of 165.81%. The price of HNST leaped by -24.88% over the last 30 days. And in the last five days, it has fallen by -9.86%.
Honest Company Inc saw a rather consistency, in terms of market performance. The company’s stock reached its highest point at $4.89 on 03/07/24, while the lowest price for the same duration was marked at $1.06 on 10/13/23.
52-week price history of HNST Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Honest Company Inc’s current trading price is -36.40% away from its 52-week high, while its distance from the 52-week low is 193.40%. The stock’s price range during this period has varied between$1.06 and $4.89. The Honest Company Inc’s shares, which operate in the Consumer Defensive, saw a trading volume of around 2.42 million for the day, a figure considerably higher than their average daily volume of 1.02 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Honest Company Inc (HNST) has experienced a quarterly rise of 9.89% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 298.22M and boasts a workforce of 176 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 3.20, with a change in price of +1.52. Similarly, Honest Company Inc recorded 1,029,121 in trading volume during the last 100 days, posting a change of +95.60%.
HNST’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 HNST stands at 0.24. Similarly, the long-term debt-to-equity ratio is also 0.18.
HNST Stock Stochastic Average
As of today, Honest Company Inc’s raw stochastic average for the last 50 days stands at 13.59%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 10.46%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 5.01% and 3.56%, respectively.
