A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. HP Inc’s current trading price is -14.89% away from its 52-week high, while its distance from the 52-week low is 23.50%. The stock’s price range for this time frame has been between $27.42 and $39.79. The trading volume of the company’s shares in the Technology reached around 7.76 million for the day, which was evidently higher than the average daily volume of 6.98 million over the last three months.
The market performance of HP Inc has been somewhat stable. Over the past year, the company’s stock achieved a high of $39.79 on 11/25/24, with the lowest value for the same timeframe being $27.42, recorded on 04/24/24.
How Financial Performance Impacts Market Capitalization
HP Inc (HPQ) has experienced a quarterly decline of -5.89% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 32.42B 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 35.53, with a change in price of -0.89. Similarly, HP Inc recorded 7,595,439 in trading volume during the last 100 days, posting a change of -2.56%.
HPQ Stock Stochastic Average
HP Inc’s raw stochastic average for the past 50 days is currently at 22.60%. This represents a fall from the raw stochastic average of the last 20 days, which was recorded at 37.04%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 21.78% and 14.58%, respectively.
HPQ Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. This year’s metric has recorded a Price increase of 3.80%. However, over the past six months, we’ve seen a stronger performance of -4.11%. The price of HPQ leaped by -6.85% over the last 30 days. And in the last five days, it has surged by 1.77%.
