Hartford Financial Services Group Inc (HIG) average volume reaches $1.49M: Is Wall Street expecting a rally?

Hartford Financial Services Group Inc (NYSE: HIG) kicked off on Friday, down -0.35% from the previous trading day, before settling in for the closing price of $123.74. Over the past 52 weeks, HIG has traded in a range of $76.65-$124.90.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

During the last 5-year period, the sales growth of Financial Sector giant was 5.40%. While this was happening, its average annual earnings per share was recorded 13.26%. With a float of $288.89 million, this company’s outstanding shares have now reached $298.47 million.

Let’s determine the extent of company efficiency that accounts for 18700 employees. In terms of profitability, gross margin is 85.05%, operating margin of 15.15%, and the pretax margin is 14.32%.

Hartford Financial Services Group Inc (HIG) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Insurance – Property & Casualty Industry. The insider ownership of Hartford Financial Services Group Inc is 0.34%, while institutional ownership is 93.29%. The most recent insider transaction that took place on Nov 21 ’24, was worth 2,883,132. Before that another transaction happened on Nov 15 ’24, when Company’s EVP sold 6,865 for $117.04, making the entire transaction worth $803,479. This insider now owns 25,820 shares in total.

Hartford Financial Services Group Inc (HIG) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 13.26% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 12.07% during the next five years compared to 12.66% growth over the previous five years of trading.

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

Take a look at Hartford Financial Services Group Inc’s (HIG) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.37. Likewise, its price to free cash flow for the trailing twelve months is 6.56.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 9.98, a number that is poised to hit 2.68 in the next quarter and is forecasted to reach 11.62 in one year’s time.

Technical Analysis of Hartford Financial Services Group Inc (HIG)

Looking closely at Hartford Financial Services Group Inc (NYSE: HIG), its last 5-days average volume was 1.47 million, which is a drop from its year-to-date volume of 1.59 million. As of the previous 9 days, the stock’s Stochastic %D was 85.68%. Additionally, its Average True Range was 1.96.

During the past 100 days, Hartford Financial Services Group Inc’s (HIG) raw stochastic average was set at 93.70%, which indicates a significant increase from 82.53% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 12.01% in the past 14 days, which was lower than the 23.96% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $117.31, while its 200-day Moving Average is $106.57. However, in the short run, Hartford Financial Services Group Inc’s stock first resistance to watch stands at $124.28. Second resistance stands at $125.25. The third major resistance level sits at $125.79. If the price goes on to break the first support level at $122.77, it is likely to go to the next support level at $122.23. Should the price break the second support level, the third support level stands at $121.26.

Hartford Financial Services Group Inc (NYSE: HIG) Key Stats

The company with the Market Capitalisation of 35.62 billion has total of 289,891K Shares Outstanding. Its annual sales at the moment are 24,527 M in contrast with the sum of 2,504 M annual income. Company’s last quarter sales were recorded 6,751 M and last quarter income was 767,000 K.