HashiCorp Inc (NASDAQ: HCP) on Monday, soared 2.42% from the previous trading day, before settling in for the closing price of $23.97. Within the past 52 weeks, HCP’s price has moved between $18.91 and $36.39.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 64.44%. The company achieved an average annual earnings per share of 182.73%. With a float of $113.24 million, this company’s outstanding shares have now reached $125.33 million.
Considering the fact that the conglomerate employs 2200 people, you should pay attention to its efficiency factor.
HashiCorp Inc (HCP) Insider Activity
Observing investor behavior towards Software – Infrastructure industry stocks is more important than anything else. The insider ownership of HashiCorp Inc is 43.48%, while institutional ownership is 47.90%. 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
According to the Wall Street analysts, stocks earnings will be around 182.73% per share during the next fiscal year.
HashiCorp Inc (NASDAQ: HCP) Trading Performance Indicators
HashiCorp Inc (HCP) is currently performing well based on its current performance indicators. A quick ratio of 3.38 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.44.
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)
Compared to the last year’s volume of 2.29 million, its volume of 1.45 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 27.80%. Additionally, its Average True Range was 0.94.
During the past 100 days, HashiCorp Inc’s (HCP) raw stochastic average was set at 51.19%, which indicates a significant increase from 38.94% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 38.97% in the past 14 days, which was lower than the 59.18% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $25.45, while its 200-day Moving Average is $24.39. Nevertheless, the first resistance level for the watch stands at $24.80 in the near term. At $25.04, the stock is likely to face the second major resistance level. The third major resistance level sits at $25.49. If the price goes on to break the first support level at $24.11, it is likely to go to the next support level at $23.66. Should the price break the second support level, the third support level stands at $23.42.
HashiCorp Inc (NASDAQ: HCP) Key Stats
Market capitalization of the company is 4.92 billion based on 199,545K outstanding shares. Right now, sales total 583,140 K and income totals -190,670 K. The company made 155,780 K in profit during its latest quarter, and -31,620 K in sales during its previous quarter.
