Hudbay Minerals Inc ‘s stock market performance has been somewhat predictable.
52-week price history of HBM Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Hudbay Minerals Inc’s current trading price is -9.84% away from its 52-week high, while its distance from the 52-week low is 68.66%. The stock’s price range during the 52-week period has remained between $5.95 and $11.13. In the Basic Materials sector, the company’s shares saw a trading volume of around 2.45 million for the day, which was evidently lower than the average daily volume of 7.36 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Hudbay Minerals Inc (HBM) has experienced a quarterly rise of 44.81% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.96B and boasts a workforce of 2803 employees.
A Closer Look at Analysts’ Ratings for Hudbay Minerals Inc
As of right now, 10 analysts are rating Hudbay Minerals Inc as a BUY, 7 of the polled analysts branded the stock as an OVERWEIGHT, 0 analyst is recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 8.48, with a change in price of +2.58. Similarly, Hudbay Minerals Inc recorded 7,623,542 in trading volume during the last 100 days, posting a change of +34.85%.
Examining HBM’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for HBM stands at 0.45. Similarly, the long-term debt-to-equity ratio is also 0.43.
HBM Stock Stochastic Average
As of today, Hudbay Minerals Inc’s raw stochastic average for the last 50 days stands at 67.69%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 24.17%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 20.99% and 22.32%, respectively.
HBM Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. This year’s metric has recorded a Price increase of 24.66%. However, over the past six months, we’ve seen a weaker performance of 16.82%. The price of HBM fallen by 4.64% over the last 30 days. And in the last five days, it has fallen by -2.95%.