Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. The metric has seen a significant gain of 20.40% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -4.05%. Over the past 30 days, the price of HE has fallen by 23.45%. And in the last five days, it has surged by 6.99%.
Hawaiian Electric Industries, Inc experienced a rather steady stock market performance. The highest value in the past year was recorded at $18.19 on 07/19/24 and the lowest value was $7.61 on 07/09/24.
52-week price history of HE Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Hawaiian Electric Industries, Inc’s current trading price is -35.60% away from its 52-week high, while its distance from the 52-week low is 54.04%. The stock’s price range during this period has varied between$7.61 and $18.19. The Hawaiian Electric Industries, Inc’s shares, which operate in the Utilities, saw a trading volume of around 3.82 million for the day, a figure considerably higher than their average daily volume of 3.23 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Hawaiian Electric Industries, Inc (HE) has experienced a quarterly rise of 15.08% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.02B and boasts a workforce of 2602 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 10.00, with a change in price of +1.95. Similarly, Hawaiian Electric Industries, Inc recorded 3,099,230 in trading volume during the last 100 days, posting a change of +19.95%.
HE’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 HE stands at 2.20. Similarly, the long-term debt-to-equity ratio is also 2.10.
HE Stock Stochastic Average
As of today, Hawaiian Electric Industries, Inc’s raw stochastic average for the last 50 days stands at 93.90%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 91.45%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 69.00% and 65.07%, respectively.
