Hawaiian Electric Industries, Inc. (HE) volume exceeds 5.8 million: A new investment opportunity for investors

On Monday, Hawaiian Electric Industries, Inc. (NYSE: HE) was 3.28% up from the session before settling in for the closing price of $9.75. A 52-week range for HE has been $7.61 – $18.19.

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It was noted that within the last five years, the titan of the Utilities sector saw sales topped by 6.02%. When this article was written, the company’s average yearly earnings per share was at -16.91%. With a float of $163.98 million, this company’s outstanding shares have now reached $164.36 million.

The extent of productivity of a business whose workforce counts for 3706 workers is very important to gauge. In terms of profitability, gross margin is -40.23%, operating margin of -40.23%, and the pretax margin is -43.25%.

Hawaiian Electric Industries, Inc. (HE) Insider Updates

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Hawaiian Electric Industries, Inc. stocks. The insider ownership of Hawaiian Electric Industries, Inc. is 0.23%, while institutional ownership is 49.01%.

Hawaiian Electric Industries, Inc. (HE) Performance Highlights and Predictions

Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted 0.56 earnings per share (EPS) during the time that was better than consensus figure (set at 0.54) by 0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.31 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -16.91% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -6.95% during the next five years compared to -0.42% drop over the previous five years of trading.

Hawaiian Electric Industries, Inc. (NYSE: HE) Trading Performance Indicators

You can see what Hawaiian Electric Industries, Inc. (HE) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 3.69. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.45.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -10.55, a number that is poised to hit 0.84 in the next quarter and is forecasted to reach 1.30 in one year’s time.

Technical Analysis of Hawaiian Electric Industries, Inc. (HE)

The latest stats from [Hawaiian Electric Industries, Inc., HE] show that its last 5-days average volume of 2.79 million was inferior to 3.41 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 23.33%. Additionally, its Average True Range was 0.45.

During the past 100 days, Hawaiian Electric Industries, Inc.’s (HE) raw stochastic average was set at 23.29%, which indicates a significant decrease from 60.45% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.74% in the past 14 days, which was lower than the 93.04% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $10.63, while its 200-day Moving Average is $11.51. Now, the first resistance to watch is $10.32. This is followed by the second major resistance level at $10.57. The third major resistance level sits at $10.75. If the price goes on to break the first support level at $9.89, it is likely to go to the next support level at $9.71. Assuming the price breaks the second support level, the third support level stands at $9.46.

Hawaiian Electric Industries, Inc. (NYSE: HE) Key Stats

There are 110,303K outstanding shares of the company, which has a market capitalization of 1.66 billion. As of now, sales total 3,682 M while income totals 201,130 K. Its latest quarter income was 897,360 K while its last quarter net income were -1,295 M.