logo

Hanesbrands Inc’s Banking’s 100-Day Moving Average at 5.65: Will the Stock Break Through?

The market performance of Hanesbrands Inc has been somewhat stable. Over the past year, the company’s stock achieved a high of $7.40 on 10/01/24, with the lowest value for the same timeframe being $3.58, recorded on 11/30/23.

52-week price history of HBI Stock

A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Hanesbrands Inc’s current trading price is -2.30% away from its 52-week high, while its distance from the 52-week low is 101.96%. The stock’s price range during this period has fluctuated between $3.58 and $7.40. Shares of the company, which operates in the Consumer Cyclical sector, recorded a trading volume of around 4.94 million for the day, which was evidently lower than the average daily volume of 8.85 million over the last three months.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Financial Performance and Market Capitalization

Hanesbrands Inc (HBI) has experienced a quarterly rise of 50.62% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.54B and boasts a workforce of 48000 employees.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 5.65, with a change in price of +2.77. Similarly, Hanesbrands Inc recorded 7,861,452 in trading volume during the last 100 days, posting a change of +62.11%.

HBI Debt-to-equity ratio analysis

The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for HBI stands at 55.14. Similarly, the long-term debt-to-equity ratio is also 53.44.

HBI Stock Stochastic Average

Hanesbrands Inc’s raw stochastic average for the past 50 days is currently at 93.07%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 88.05%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 94.15% and 94.63%, respectively.

HBI Stock Price Performance Analysis

Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. Year to date metric has recorded a gain of 62.11%.However, over the last six months, we can see a weaker performance of 41.21%. Over the last 30 days, the price of HBI has fallen by 13.86%. And in the last five days, it has surged by 5.24%.

Most Popular