The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Hormel Foods Corp’s current trading price is -15.53% away from its 52-week high, while its distance from the 52-week low is 3.48%. The stock’s price range for this period has been between $27.59 and $33.80 The company’s shares, which are part of the Consumer Defensive sector, had a trading volume of approximately 3.4 million for the day, a number notably higher than the average daily volume of 3.23 million over the last three months.
The present stock price for Hormel Foods Corp (HRL) is $28.55. In the last trading session, the stock made a considerable jump, reaching $36.0 after an opening price of $28.55. The stock briefly fell to $29.0 before ending the session at $28.26.
Hormel Foods Corp experienced a somewhat shaky performance in the stock market.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Hormel Foods Corp (HRL) has experienced a quarterly decline of -1.92% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 15.70B and boasts a workforce of 20000 employees.
Hormel Foods Corp: What Analysts Are Saying
As of right now, 1 analyst is rating Hormel Foods Corp as a BUY, 1 of the polled analysts branded the stock as an OVERWEIGHT, 9 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 29.95, with a change in price of -0.99. Similarly, Hormel Foods Corp recorded 3,189,708 in trading volume during the last 100 days, posting a change of -3.35%.
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 HRL stands at 0.36. Similarly, the long-term debt-to-equity ratio is also 0.35.
HRL Stock Stochastic Average
Hormel Foods Corp’s raw stochastic average for the past 50 days is presently 18.97%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 20.58%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 15.10% and 12.57%, respectively.
HRL 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. The index has shown a price loss of -11.06% this year. Over the last six months, there has been a stronger performance of -2.46%. The price of HRL leaped by -8.70% during the last 30 days period. For the last 5-days stocks have improved 1.64%.
