Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Honest Company Inc’s current trading price is 2.07% away from its 52-week high, while its distance from the 52-week low is 393.57%. The stock’s price range during this period has varied between $1.40 and $6.77. The company, active in the Consumer Defensive sector, saw a trading volume of around 6.91 million for the day, considerably higher average daily volume of 2.04 million observed over the last three months.
Honest Company Inc’s stock has seen a smooth market performance. The company’s stock achieved a 1-year high of $6.77 on 11/15/24, and the lowest price during that time was $1.40, recorded on 11/16/23.
How Financial Performance Impacts Market Capitalization
Honest Company Inc (HNST) has experienced a quarterly rise of 66.11% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 741.64M and boasts a workforce of 176 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 3.83, with a change in price of +4.00. Similarly, Honest Company Inc recorded 2,006,126 in trading volume during the last 100 days, posting a change of +137.46%.
How HNST’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for HNST stands at 0.18. Similarly, the long-term debt-to-equity ratio is also 0.11.
HNST Stock Stochastic Average
As of today, the raw stochastic average of Honest Company Inc over the last 50 days is at 94.10%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 93.71%. Further, the company’s Stochastic %K and %D values for the last 20 days were 89.26% and 87.99%, respectively.
HNST Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. Until today this year the stock’s price performance recorded an increase of 109.39%. However, over the last six months, the performance has been weaker by 138.28%. The price of HNST increased 82.80% over the last 30 days. And in the last five days, it has surged by 57.40%.
