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 -22.74% away from its 52-week high, while its distance from the 52-week low is 188.75%. The stock’s price range during this period has varied between $2.40 and $8.97. The company, active in the Consumer Defensive sector, saw a trading volume of around 3.56 million for the day, considerably higher average daily volume of 3.28 million observed over the last three months.
Honest Company Inc had a pretty favorable run when it comes to the market performance. Over the past year, the company’s stock reached a high of $8.97 on 11/25/24, while the lowest price during the same period was $2.40 on 06/24/24.
How Financial Performance Impacts Market Capitalization
Honest Company Inc (HNST) has experienced a quarterly rise of 95.21% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 699.66M 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 5.07, with a change in price of +3.69. Similarly, Honest Company Inc recorded 2,578,994 in trading volume during the last 100 days, posting a change of +113.89%.
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 62.29%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 22.40%. Further, the company’s Stochastic %K and %D values for the last 20 days were 22.00% and 22.98%, respectively.
HNST 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. This year’s metric has recorded a Price increase of 110.00%. However, over the past six months, we’ve seen a weaker performance of 152.92%. The price of HNST leaped by -16.41% over the last 30 days. And in the last five days, it has surged by 3.74%.
