A new trading day began on Friday, with Hawaiian Electric Industries, Inc (NYSE: HE) stock price up 1.29% from the previous day of trading, before settling in for the closing price of $10.07. HE’s price has ranged from $7.61 to $18.19 over the past 52 weeks.
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During the last 5-year period, the sales growth of Utilities Sector giant was 6.02%. Meanwhile, its annual earnings per share averaged -22.39%. With a float of $172.09 million, this company’s outstanding shares have now reached $172.47 million.
Let’s determine the extent of company efficiency that accounts for 3706 employees. In terms of profitability, gross margin is -45.29%, operating margin of -45.29%, and the pretax margin is -48.19%.
Hawaiian Electric Industries, Inc (HE) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Utilities – Regulated Electric Industry. The insider ownership of Hawaiian Electric Industries, Inc is 0.22%, while institutional ownership is 74.04%.
Hawaiian Electric Industries, Inc (HE) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -22.39% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -11.25% 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
Here are Hawaiian Electric Industries, Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 5.56. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.48. Likewise, its price to free cash flow for the trailing twelve months is 28.43.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -11.83, a number that is poised to hit 0.35 in the next quarter and is forecasted to reach 1.27 in one year’s time.
Technical Analysis of Hawaiian Electric Industries, Inc (HE)
Looking closely at Hawaiian Electric Industries, Inc (NYSE: HE), its last 5-days average volume was 2.6 million, which is a drop from its year-to-date volume of 3.34 million. As of the previous 9 days, the stock’s Stochastic %D was 17.92%. Additionally, its Average True Range was 0.37.
During the past 100 days, Hawaiian Electric Industries, Inc’s (HE) raw stochastic average was set at 16.65%, which indicates a significant decrease from 25.81% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.07% in the past 14 days, which was lower than the 56.57% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $10.20, while its 200-day Moving Average is $11.06. However, in the short run, Hawaiian Electric Industries, Inc’s stock first resistance to watch stands at $10.30. Second resistance stands at $10.40. The third major resistance level sits at $10.59. If the price goes on to break the first support level at $10.01, it is likely to go to the next support level at $9.82. Should the price break the second support level, the third support level stands at $9.72.
Hawaiian Electric Industries, Inc (NYSE: HE) Key Stats
With a market capitalization of 1.78 billion, the company has a total of 172,466K Shares Outstanding. Currently, annual sales are 3,682 M while annual income is 201,130 K. The company’s previous quarter sales were 938,380 K while its latest quarter income was -103,930 K.
