The key reasons why Hartford Financial Services Group Inc. (HIG) is -0.83% away from 52-week high?

Hartford Financial Services Group Inc. (NYSE: HIG) open the trading on Wednesday, with a bit cautious approach as it glided -0.32% to $116.70, before settling in for the price of $117.07 at the close. Taking a more long-term approach, HIG posted a 52-week range of $68.82-$117.68.

The Financial Sector giants’ yearly sales growth during the last 5-year period was 5.40%. Meanwhile, its Annual Earning per share during the time was 12.66%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 14.03%. This publicly-traded company’s shares outstanding now amounts to $298.47 million, simultaneously with a float of $292.00 million. The organization now has a market capitalization sitting at $34.19 billion. At the time of writing, stock’s 50-day Moving Average stood at $109.72, while the 200-day Moving Average is $97.94.

Hartford Financial Services Group Inc. (HIG) Ownership Facts and Figures

Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Insurance – Property & Casualty industry. Hartford Financial Services Group Inc.’s current insider ownership accounts for 0.34%, in contrast to 94.18% institutional ownership. According to the most recent insider trade that took place on Jul 31 ’24, this organization’s Executive Vice President sold 3,855 shares at the rate of 111.16, making the entire transaction reach 428,522 in total value, affecting insider ownership by 11,072. Preceding that transaction, on Jul 31 ’24, Company’s EVP & Chief Risk Officer sold 13,185 for 110.94, making the whole transaction’s value amount to 1,462,780. This particular insider is now the holder of 25,071 in total.

Hartford Financial Services Group Inc. (HIG) Earnings and Revenue Records

Hartford Financial Services Group Inc.’s EPS increase for this current 12-month fiscal period is 14.03% and is forecasted to reach 11.60 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 10.50% through the next 5 years, which can be compared against the 12.66% growth it accomplished over the previous five years trading on the market.

Hartford Financial Services Group Inc. (NYSE: HIG) Trading Performance Indicators

Let’s observe the current performance indicators for Hartford Financial Services Group Inc. (HIG). The Stock has managed to achieve an average true range (ATR) of 1.82. Alongside those numbers, its PE Ratio stands at $12.27, and its Beta score is 0.92. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.34. Similarly, its price to free cash flow for trailing twelve months is now 6.19.

In the same vein, HIG’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 9.51, a figure that is expected to reach 2.51 in the next quarter, and analysts are predicting that it will be 11.60 at the market close of one year from today.

Technical Analysis of Hartford Financial Services Group Inc. (HIG)

[Hartford Financial Services Group Inc., HIG] recent stats showed that its last 5-days Average volume was poorer than the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 79.73% While, its Average True Range was 1.77.

Raw Stochastic average of Hartford Financial Services Group Inc. (HIG) in the period of the previous 100 days is set at 95.12%, which indicates a major rise in contrast to 75.74% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 16.80% that was lower than 21.35% volatility it exhibited in the past 100-days period.