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. The metric has seen a significant loss of -17.45% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -9.01%. Over the past 30 days, the price of HNI has leaped by -12.94%. And in the last five days, it has fallen by -13.35%.
The current stock price for HNI Corp (HNI) is $45.36. The stock experienced a significant increase during the last trading session, reaching $70.0 after opening at $45.36. It dipped to a low of $60.0 before ultimately closing at $50.62.
HNI Corp had a pretty Dodgy run when it comes to the market performance.
52-week price history of HNI Stock
The history of a stock’s 52-week high and low prices can provide important information about its current state and future potential. HNI Corp’s current trading price is -22.36% away from its 52-week high, while its distance from the 52-week low is 14.08%. The stock’s price range for this period has been between $39.76 and $58.42. The Consumer Cyclical sector company’s shares saw a trading volume of about 3.69 million for the day, which was higher than the average daily volume of 0.3 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
HNI Corp (HNI) has experienced a quarterly rise of 3.68% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.08B and boasts a workforce of 7700 employees.
How Moving Averages and Trading Volume Data Work Together
Based on Barchart.com data, the company’s moving average over the 100-day period was 46.55, with a change in price of +1.17. Similarly, HNI Corp recorded 354,105 in trading volume during the last 100 days, posting a change of +2.65%.
HNI’s Debt-to-Equity Ratio: A Comprehensive Review
A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for HNI stands at 0.72. Similarly, the long-term debt-to-equity ratio is also 0.68.
HNI Stock Stochastic Average
As of today, the raw stochastic average of HNI Corp over the last 50 days is at 40.11%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 40.11%. Further, the company’s Stochastic %K and %D values for the last 20 days were 34.38% and 41.39%, respectively.
