A new trading day began on Friday, with HashiCorp Inc (NASDAQ: HCP) stock price up 0.09% from the previous day of trading, before settling in for the closing price of $33.75. HCP’s price has ranged from $18.91 to $36.39 over the past 52 weeks.
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A company in the Technology sector has jumped its sales by 64.44% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 227.56%. With a float of $138.85 million, this company’s outstanding shares have now reached $208.69 million.
In an organization with 2200 employees, it is important to assess its efficiency.
HashiCorp Inc (HCP) Insider Updates
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 33.47%, while institutional ownership is 49.53%. The most recent insider transaction that took place on Jun 03 ’24, was worth 1,208,306. In this transaction CHIEF TECHNOLOGY OFFICER of this company sold 35,904 shares at a rate of $33.65, taking the stock ownership to the 1,517,548 shares. Before that another transaction happened on May 22 ’24, when Company’s CHIEF TECHNOLOGY OFFICER sold 35,904 for $33.34, making the entire transaction worth $1,197,187. This insider now owns 1,553,452 shares in total.
HashiCorp Inc (HCP) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 227.56% 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 3.61. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 11.64. Likewise, its price to free cash flow for the trailing twelve months is 3982.80.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.96, a number that is poised to hit -0.01 in the next quarter and is forecasted to reach 0.29 in one year’s time.
Technical Analysis of HashiCorp Inc (HCP)
Let’s dig in a bit further. During the last 5-days, its volume was 3.23 million. That was inferior than the volume of 3.65 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 88.45%. Additionally, its Average True Range was 0.31.
During the past 100 days, HashiCorp Inc’s (HCP) raw stochastic average was set at 99.46%, which indicates a significant increase from 92.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 2.85% in the past 14 days, which was lower than the 52.48% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $30.31, while its 200-day Moving Average is $25.14. However, in the short run, HashiCorp Inc’s stock first resistance to watch stands at $33.84. Second resistance stands at $33.90. The third major resistance level sits at $33.95. If the price goes on to break the first support level at $33.73, it is likely to go to the next support level at $33.68. Assuming the price breaks the second support level, the third support level stands at $33.62.
HashiCorp Inc (NASDAQ: HCP) Key Stats
With a market capitalization of 7.05 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 160,580 K while its latest quarter income was -51,130 K.
