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. HP Inc’s current trading price is -15.97% away from its 52-week high, while its distance from the 52-week low is 21.93%. The stock’s price range during this period has varied between $27.42 and $39.79. The company, active in the Technology sector, saw a trading volume of around 2.13 million for the day, considerably lower average daily volume of 7.43 million observed over the last three months.
In terms of market performance, HP Inc had a somewhat regular. The highest value for the stock in the past year was $39.79 on 11/25/24, while the lowest value was $27.42 on 04/24/24.
How Financial Performance Impacts Market Capitalization
HP Inc (HPQ) has experienced a quarterly decline of -7.93% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 31.56B and boasts a workforce of 58000 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 35.55, with a change in price of -0.28. Similarly, HP Inc recorded 7,715,163 in trading volume during the last 100 days, posting a change of -0.83%.
HPQ Stock Stochastic Average
As of today, the raw stochastic average of HP Inc over the past 50 days is 16.98%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 17.38%. Additionally, the Stochastic %K and %D values for the company were 14.02% and 9.22%, respectively, over the past 20 days.
HPQ Stock Price Performance Analysis
The performance of the stock price over the year has been up and down, leaving investors with either an optimistic or pessimistic outlook, depending on how they interpret the data. Year to date metric has recorded a gain of 10.30%.However, over the last six months, we can see a stronger performance of -5.41%. Over the last 30 days, the price of HPQ has leaped by -12.96%. And in the last five days, it has fallen by -1.92%.
