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 gain of 3.15%.However, over the last six months, we can see a weaker performance of 6.98%. Over the last 30 days, the price of HBM has fallen by 3.15%. And in the last five days, it has surged by 1.52%.
Hudbay Minerals Inc’s market performance has been stable in recent times. The company’s stock hit a 1-year high of $10.49 on 05/21/24 and a low of $4.94 for the same time frame on 02/13/24.
52-week price history of HBM Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Hudbay Minerals Inc’s current trading price is -20.35% away from its 52-week high, while its distance from the 52-week low is 69.13%. The stock’s price range during this period has varied between$4.94 and $10.49. The Hudbay Minerals Inc’s shares, which operate in the Basic Materials, saw a trading volume of around 4.73 million for the day, a figure considerably higher than their average daily volume of 4.3 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Hudbay Minerals Inc (HBM) has experienced a quarterly decline of -10.26% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.93B and boasts a workforce of 2708 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 8.73, with a change in price of +1.55. Similarly, Hudbay Minerals Inc recorded 3,899,539 in trading volume during the last 100 days, posting a change of +22.83%.
HBM’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 HBM stands at 0.46. Similarly, the long-term debt-to-equity ratio is also 0.45.
HBM Stock Stochastic Average
As of today, Hudbay Minerals Inc’s raw stochastic average for the last 50 days stands at 26.53%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 35.83%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 38.28% and 34.36%, respectively.
