Honest Company Inc (HNST) distance from 200-day Simple Moving Average is $3.50: Right on the Precipice

Honest Company Inc (NASDAQ: HNST) open the trading on Wednesday, with great promise as it jumped 25.21% to $6.01, before settling in for the price of $4.80 at the close. Taking a more long-term approach, HNST posted a 52-week range of $1.21-$5.04.

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The company of the Consumer Defensive sector’s yearbook sales growth during the past 5- year span was recorded 10.48%. Meanwhile, its Annual Earning per share during the time was -4.76%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 81.63%. This publicly-traded company’s shares outstanding now amounts to $95.87 million, simultaneously with a float of $65.69 million. The organization now has a market capitalization sitting at $601.49 million. At the time of writing, stock’s 50-day Moving Average stood at $3.86, while the 200-day Moving Average is $3.50.

Honest Company Inc (HNST) 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 Household & Personal Products industry. Honest Company Inc’s current insider ownership accounts for 34.36%, in contrast to 45.63% institutional ownership. According to the most recent insider trade that took place on Sep 18 ’24, this organization’s 10% Owner sold 2,300,000 shares at the rate of 3.50, making the entire transaction reach 8,050,000 in total value, affecting insider ownership by 9,869,803. Preceding that transaction, on Aug 21 ’24, Company’s EVP, Operations and R&D sold 6,938 for 4.28, making the whole transaction’s value amount to 29,695. This particular insider is now the holder of 414,736 in total.

Honest Company Inc (HNST) Earnings and Revenue Records

Honest Company Inc’s EPS increase for this current 12-month fiscal period is 81.63% and is forecasted to reach 0.03 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 46.40% through the next 5 years, which can be compared against the -4.76% growth it accomplished over the previous five years trading on the market.

Honest Company Inc (NASDAQ: HNST) Trading Performance Indicators

Let’s observe the current performance indicators for Honest Company Inc (HNST). It’s Quick Ratio in the last reported quarter now stands at 1.64. The Stock has managed to achieve an average true range (ATR) of 0.34. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.63. Similarly, its price to free cash flow for trailing twelve months is now 33.18.

In the same vein, HNST’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.13, a figure that is expected to reach -0.02 in the next quarter, and analysts are predicting that it will be 0.03 at the market close of one year from today.

Technical Analysis of Honest Company Inc (HNST)

[Honest Company Inc, HNST] recent stats showed that its last 5-days Average volume was superior the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 87.85% While, its Average True Range was 0.41.

Raw Stochastic average of Honest Company Inc (HNST) in the period of the previous 100 days is set at 86.93%, which indicates a major rise in contrast to 82.49% 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 97.75% that was higher than 74.84% volatility it exhibited in the past 100-days period.