The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Harmonic, Inc’s current trading price is -37.58% away from its 52-week high, while its distance from the 52-week low is 6.04%. The stock’s price range for this period has been between $9.10 and $15.46 The company’s shares, which are part of the Technology sector, had a trading volume of approximately 4.02 million for the day, a number notably higher than the average daily volume of 1.03 million over the last three months.
Harmonic, Inc’s market performance has been unstable in recent times. The company’s stock hit a 1-year high of $15.46 on 10/28/24 and a low of $9.10 for the same time frame on 02/11/25.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Harmonic, Inc (HLIT) has experienced a quarterly decline of -19.25% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.12B and boasts a workforce of 1359 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 12.87, with a change in price of -3.88. Similarly, Harmonic, Inc recorded 1,112,473 in trading volume during the last 100 days, posting a change of -28.55%.
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 HLIT stands at 0.32. Similarly, the long-term debt-to-equity ratio is also 0.29.
HLIT Stock Stochastic Average
Harmonic, Inc’s raw stochastic average for the past 50 days is presently 24.20%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 29.52%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 17.04% and 15.25%, respectively.
HLIT Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. This year’s metric has recorded a Price decrease of -27.06%. However, over the past six months, we’ve seen a stronger performance of -26.50%. The price of HLIT leaped by -22.43% over the last 30 days. And in the last five days, it has fallen by -13.76%.