The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Honest Company Inc’s current trading price is -45.32% away from its 52-week high, while its distance from the 52-week low is 104.38%. The stock’s price range for this period has been between $2.40 and $8.97 The company’s shares, which are part of the Consumer Defensive sector, had a trading volume of approximately 0.96 million for the day, a number notably lower than the average daily volume of 2.57 million over the last three months.
Honest Company Inc’s market performance has been stable in recent times. The company’s stock hit a 1-year high of $8.97 on 11/25/24 and a low of $2.40 for the same time frame on 06/24/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Honest Company Inc (HNST) has experienced a quarterly decline of -28.91% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 534.20M and boasts a workforce of 164 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 6.20, with a change in price of +0.89. Similarly, Honest Company Inc recorded 3,191,724 in trading volume during the last 100 days, posting a change of +22.27%.
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 HNST stands at 0.12. Similarly, the long-term debt-to-equity ratio is also 0.08.
HNST Stock Stochastic Average
Honest Company Inc’s raw stochastic average for the past 50 days is presently 14.58%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 48.29%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 32.28% and 23.76%, respectively.
HNST 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 -29.22%. However, over the past six months, we’ve seen a weaker performance of 37.39%. The price of HNST leaped by -4.94% over the last 30 days. And in the last five days, it has fallen by -1.70%.
