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. Hanesbrands Inc’s current trading price is -36.59% away from its 52-week high, while its distance from the 52-week low is 31.14%. The stock’s price range over this period has fluctuated between $4.40 and $9.10. The company, operating within the financial sector, had a trading volume of approximately 7.15 million for the day, which was noticeably higher than the average daily share volume of 6.54 million over the last 3 months.
Hanesbrands Inc ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $9.10 on 11/26/24, while the lowest value for the same period was recorded at $4.40 on 04/29/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Hanesbrands Inc (HBI) has experienced a quarterly decline of -32.98% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.04B and boasts a workforce of 41000 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 7.69, with a change in price of -1.51. Similarly, Hanesbrands Inc recorded 6,304,366 in trading volume during the last 100 days, posting a change of -20.74%.
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 HBI stands at 72.23. Similarly, the long-term debt-to-equity ratio is also 70.34.
HBI Stock Stochastic Average
Today, Hanesbrands Inc’s raw stochastic average for the past 50 days stands at 2.54%, indicating a decline from the raw stochastic average of the last 20 days, which was 3.98%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 7.56% and 7.96% respectively.
HBI 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. The index has shown a price loss of -29.12% this year. Over the last six months, there has been a stronger performance of -8.70%. The price of HBI leaped by -23.47% during the last 30 days period. For the last 5-days stocks have slided -1.70%.
