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Company’s Banking Stock: Dissecting a 0.68% Quarterly Revenue Decline Amid Growth

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Hanesbrands Inc saw a rather consistency, in terms of market performance. The company’s stock reached its highest point at $5.86 on 04/01/24, while the lowest price for the same duration was marked at $3.54 on 09/27/23.

52-week price history of HBI Stock

A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Hanesbrands Inc’s current trading price is -12.03% away from its 52-week high, while its distance from the 52-week low is 45.62%. The stock’s price range during this period has spanned from $3.54 to $5.86. In the Consumer Cyclical sector, the Hanesbrands Inc’s shares surpassed a trading volume of approximately 2.88 million for the day, which was noticeably lower compared to the average daily volume of 9.6.56 million over the past three months.

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Market Capitalization and Financial Performance: An In-Depth Look

Hanesbrands Inc (HBI) has experienced a quarterly rise of 0.68% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.81B and boasts a workforce of 48000 employees.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 4.97, with a change in price of +0.51. Similarly, Hanesbrands Inc recorded 8,187,969 in trading volume during the last 100 days, posting a change of +11.04%.

Examining HBI’s Debt-to-Equity Ratio: What You Need to Know

The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for HBI stands at 11.03. Similarly, the long-term debt-to-equity ratio is also 10.54.

HBI Stock Stochastic Average

Today’s raw stochastic average for Hanesbrands Inc over the last 50 days is 61.86%.This indicates a increase from the raw stochastic average of the past 20 days, which was 53.61%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 31.62% and 26.80%, respectively.

HBI 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. This year’s metric has recorded a Price increase of 15.58%. However, over the past six months, we’ve seen a weaker performance of 30.84%. The price of HBI fallen by 4.35% over the last 30 days. And in the last five days, it has surged by 3.31%.

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