A new trading day began on Monday, with HashiCorp Inc (NASDAQ: HCP) stock price down -4.56% from the previous day of trading, before settling in for the closing price of $24.55. HCP’s price has ranged from $18.91 to $36.39 over the past 52 weeks.
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During the last 5-year period, the sales growth of Technology Sector giant was 64.44%. Meanwhile, its annual earnings per share averaged 182.47%. With a float of $113.19 million, this company’s outstanding shares have now reached $125.33 million.
Let’s determine the extent of company efficiency that accounts for 2200 employees.
HashiCorp Inc (HCP) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Infrastructure Industry. The insider ownership of HashiCorp Inc is 43.51%, while institutional ownership is 47.27%. The most recent insider transaction that took place on Apr 10 ’24, was worth 366,031. In this transaction CHIEF MARKETING OFFICER of this company sold 13,916 shares at a rate of $26.30, taking the stock ownership to the 0 shares. Before that another transaction happened on Apr 02 ’24, when Company’s CHIEF TECHNOLOGY OFFICER sold 35,904 for $25.69, making the entire transaction worth $922,392. This insider now owns 1,661,164 shares in total.
HashiCorp Inc (HCP) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 322.63 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 182.47% per share during the next fiscal year.
HashiCorp Inc (NASDAQ: HCP) Trading Performance Indicators
Here are HashiCorp Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 3.38. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.05.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.99, a number that is poised to hit -0.01 in the next quarter and is forecasted to reach 0.27 in one year’s time.
Technical Analysis of HashiCorp Inc (HCP)
Looking closely at HashiCorp Inc (NASDAQ: HCP), its last 5-days average volume was 1.5 million, which is a drop from its year-to-date volume of 2.34 million. As of the previous 9 days, the stock’s Stochastic %D was 20.71%. Additionally, its Average True Range was 1.00.
During the past 100 days, HashiCorp Inc’s (HCP) raw stochastic average was set at 40.34%, which indicates a significant increase from 3.10% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 37.93% in the past 14 days, which was lower than the 59.22% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $25.39, while its 200-day Moving Average is $24.44. However, in the short run, HashiCorp Inc’s stock first resistance to watch stands at $24.33. Second resistance stands at $25.22. The third major resistance level sits at $25.74. If the price goes on to break the first support level at $22.92, it is likely to go to the next support level at $22.40. Should the price break the second support level, the third support level stands at $21.51.
HashiCorp Inc (NASDAQ: HCP) Key Stats
With a market capitalization of 4.69 billion, the company has a total of 199,545K Shares Outstanding. Currently, annual sales are 583,140 K while annual income is -190,670 K. The company’s previous quarter sales were 155,780 K while its latest quarter income was -31,620 K.
