Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Hudbay Minerals Inc’s current trading price is -17.35% away from its 52-week high, while its distance from the 52-week low is 75.51%. The stock’s price range over this period has fluctuated between $4.94 and $10.49. The company, operating within the financial sector, had a trading volume of approximately 3.04 million for the day, which was noticeably lower than the average daily share volume of 3.4 million over the last 3 months.
In terms of market performance, Hudbay Minerals Inc had a fairly even. The highest value for the stock in the past year was $10.49 on 05/21/24, and the lowest value was recorded at $4.94 on 02/13/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Hudbay Minerals Inc (HBM) has experienced a quarterly decline of -8.16% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.04B and boasts a workforce of 2708 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 8.60, with a change in price of +1.18. Similarly, Hudbay Minerals Inc recorded 3,595,785 in trading volume during the last 100 days, posting a change of +15.71%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for HBM stands at 0.46. Similarly, the long-term debt-to-equity ratio is also 0.45.
HBM Stock Stochastic Average
Today’s raw stochastic average for Hudbay Minerals Inc over the last 50 days is 42.65%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 44.39%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 39.80% and 34.64%, respectively.
HBM Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. This year’s metric has recorded a Price increase of 7.04%. However, over the past six months, we’ve seen a stronger performance of -6.37%. The price of HBM leaped by -4.30% over the last 30 days. And in the last five days, it has surged by 8.38%.
