The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a loss of -27.91%.However, over the last six months, we can see a stronger performance of -3.13%. Over the last 30 days, the price of HE has leaped by -1.45%. And in the last five days, it has fallen by -3.22%.
Hawaiian Electric Industries, Inc’s market performance has been unstable in recent times. The company’s stock hit a 1-year high of $18.19 on 07/19/24 and a low of $7.61 for the same time frame on 07/09/24.
52-week price history of HE Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Hawaiian Electric Industries, Inc’s current trading price is -43.76% away from its 52-week high, while its distance from the 52-week low is 34.52%. The stock’s price range during this period has varied between$7.61 and $18.19. The Hawaiian Electric Industries, Inc’s shares, which operate in the Utilities, saw a trading volume of around 3.44 million for the day, a figure considerably lower than their average daily volume of 4.01 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Hawaiian Electric Industries, Inc (HE) has experienced a quarterly decline of -8.99% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.76B and boasts a workforce of 3706 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 11.67, with a change in price of -0.35. Similarly, Hawaiian Electric Industries, Inc recorded 4,229,221 in trading volume during the last 100 days, posting a change of -3.31%.
HE’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 HE stands at 2.41. Similarly, the long-term debt-to-equity ratio is also 2.41.
HE Stock Stochastic Average
As of today, Hawaiian Electric Industries, Inc’s raw stochastic average for the last 50 days stands at 64.20%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 51.71%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 53.17% and 57.81%, respectively.
