The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Honest Company Inc’s current trading price is -39.67% away from its 52-week high, while its distance from the 52-week low is 178.30%. The stock’s price range for this period has been between $1.06 and $4.89 The company’s shares, which are part of the Consumer Defensive sector, had a trading volume of approximately 1.56 million for the day, a number notably higher than the average daily volume of 1.12 million over the last three months.
Honest Company Inc experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $4.89 on 03/07/24, while the lowest price for the same period was registered at $1.06 on 10/13/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Honest Company Inc (HNST) has experienced a quarterly decline of -11.94% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 282.88M 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 3.31, with a change in price of +0.21. Similarly, Honest Company Inc recorded 951,841 in trading volume during the last 100 days, posting a change of +7.66%.
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
Honest Company Inc’s raw stochastic average for the past 50 days is presently 8.49%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 24.66%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 10.67% and 8.23%, respectively.
HNST 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 loss of -10.61% this year. Over the last six months, there has been a weaker performance of 145.83%. The price of HNST leaped by -20.70% during the last 30 days period. For the last 5-days stocks have slided -1.01%.
