HashiCorp Inc (HCP) 20 Days SMA touches 0.04%: The odds favor the bear

HashiCorp Inc (NASDAQ: HCP) kicked off on Tuesday, up 0.06% from the previous trading day, before settling in for the closing price of $33.83. Over the past 52 weeks, HCP has traded in a range of $19.05-$34.06.

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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%. While this was happening, its average annual earnings per share was recorded 394.41%. With a float of $150.31 million, this company’s outstanding shares have now reached $202.89 million.

Considering the fact that the conglomerate employs 2200 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 82.17%, operating margin of -32.2%, and the pretax margin is -23.35%.

HashiCorp Inc (HCP) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Software – Infrastructure Industry. The insider ownership of HashiCorp Inc is 25.92%, while institutional ownership is 54.46%. The most recent insider transaction that took place on Nov 04 ’24, was worth 1,215,591. In this transaction CHIEF TECHNOLOGY OFFICER of this company sold 35,904 shares at a rate of $33.86, taking the stock ownership to the 1,520,000 shares. Before that another transaction happened on Nov 04 ’24, when Company’s Director proposed sale 107,710 for $33.92, making the entire transaction worth $3,653,523.

HashiCorp Inc (HCP) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 394.41% per share during the next fiscal year.

HashiCorp Inc (NASDAQ: HCP) Trading Performance Indicators

Take a look at HashiCorp Inc’s (HCP) current performance indicators. Last quarter, stock had a quick ratio of 3.59. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 10.94. Likewise, its price to free cash flow for the trailing twelve months is 252.59.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.75, a number that is poised to hit 0.05 in the next quarter and is forecasted to reach 0.34 in one year’s time.

Technical Analysis of HashiCorp Inc (HCP)

Compared to the last year’s volume of 3.09 million, its volume of 1.18 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 77.08%. Additionally, its Average True Range was 0.12.

During the past 100 days, HashiCorp Inc’s (HCP) raw stochastic average was set at 77.95%, which indicates a significant increase from 71.87% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 3.85% in the past 14 days, which was lower than the 4.25% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $33.85, while its 200-day Moving Average is $30.82. Nevertheless, the first resistance level for the watch stands at $33.90 in the near term. At $33.96, the stock is likely to face the second major resistance level. The third major resistance level sits at $34.02. If the price goes on to break the first support level at $33.78, it is likely to go to the next support level at $33.72. Should the price break the second support level, the third support level stands at $33.66.

HashiCorp Inc (NASDAQ: HCP) Key Stats

The company with the Market Capitalisation of 6.87 billion has total of 202,894K Shares Outstanding. Its annual sales at the moment are 583,140 K in contrast with the sum of -190,670 K annual income. Company’s last quarter sales were recorded 165,140 K and last quarter income was -26,460 K.