HP Inc (HPQ) volume hits 6.02 million: A New Opening for Investors

As on Thursday, HP Inc (NYSE: HPQ) started slowly as it slid -0.87% to $36.49, before settling in for the price of $36.81 at the close. Taking a more long-term approach, HPQ posted a 52-week range of $27.42-$39.52.

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The Technology sector firm’s twelve-monthly sales growth has been -1.73% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was 0.02%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 3.05%. This publicly-traded company’s shares outstanding now amounts to $989.00 million, simultaneously with a float of $961.45 million. The organization now has a market capitalization sitting at $35.17 billion. At the time of writing, stock’s 50-day Moving Average stood at $35.91, while the 200-day Moving Average is $33.17.

HP Inc (HPQ) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Computer Hardware industry. HP Inc’s current insider ownership accounts for 0.24%, in contrast to 82.63% institutional ownership. According to the most recent insider trade that took place on Sep 12 ’24, this organization’s President and CEO sold 211,501 shares at the rate of 33.16, making the entire transaction reach 7,013,373 in total value, affecting insider ownership by 3.

HP Inc (HPQ) Earnings and Revenue Records

HP Inc’s EPS increase for this current 12-month fiscal period is 3.05% and is forecasted to reach 3.62 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will decrease by -2.00% through the next 5 years, which can be compared against the 0.02% growth it accomplished over the previous five years trading on the market.

HP Inc (NYSE: HPQ) Trading Performance Indicators

Let’s observe the current performance indicators for HP Inc (HPQ). It’s Quick Ratio in the last reported quarter now stands at 0.43. The Stock has managed to achieve an average true range (ATR) of 0.86. Alongside those numbers, its PE Ratio stands at $12.80, and its Beta score is 1.07. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.66. Similarly, its price to free cash flow for trailing twelve months is now 10.01.

In the same vein, HPQ’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 2.85, a figure that is expected to reach 0.93 in the next quarter, and analysts are predicting that it will be 3.62 at the market close of one year from today.

Technical Analysis of HP Inc (HPQ)

Through scrutinizing the latest numbers posted by the [HP Inc, HPQ], it can be observed that its last 5-days Average volume of 6.92 million was lower the volume of 7.76 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 39.36% While, its Average True Range was 0.87.

Raw Stochastic average of HP Inc (HPQ) in the period of the previous 100 days is set at 67.56%, which indicates a major rise in contrast to 33.54% 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 24.74% that was lower than 26.74% volatility it exhibited in the past 100-days period.