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. Hewlett Packard Enterprise Co’s current trading price is -15.86% away from its 52-week high, while its distance from the 52-week low is 43.45%. The stock’s price range during this period has varied between $14.47 and $24.66. The company, active in the Technology sector, saw a trading volume of around 13.3 million for the day, considerably lower average daily volume of 14.71 million observed over the last three months.
The stock market performance of Hewlett Packard Enterprise Co has been very steady. Over the last year, the company’s stock hit its highest at $24.66 on 01/22/25, while the lowest price during the same time frame was $14.47, recorded on 03/01/24.
How Financial Performance Impacts Market Capitalization
Hewlett Packard Enterprise Co (HPE) has experienced a quarterly decline of -3.62% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 27.25B and boasts a workforce of 61000 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 21.43, with a change in price of +0.61. Similarly, Hewlett Packard Enterprise Co recorded 13,425,439 in trading volume during the last 100 days, posting a change of +3.03%.
How HPE’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 HPE stands at 0.80. Similarly, the long-term debt-to-equity ratio is also 0.60.
HPE Stock Stochastic Average
As of today, the raw stochastic average of Hewlett Packard Enterprise Co over the last 50 days is at 9.49%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 13.10%. Further, the company’s Stochastic %K and %D values for the last 20 days were 21.85% and 28.29%, respectively.
HPE Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. This year’s metric has recorded a Price decrease of -2.81%. However, over the past six months, we’ve seen a weaker performance of 9.90%. The price of HPE leaped by -14.82% over the last 30 days. And in the last five days, it has fallen by -4.42%.