Hawaiian Electric Industries, Inc (NYSE: HE) on Tuesday, plunged -1.64% from the previous trading day, before settling in for the closing price of $11.00. Within the past 52 weeks, HE’s price has moved between $7.61 and $18.19.
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A company in the Utilities sector has jumped its sales by 4.40% annually for the last half of the decade. The company achieved an average annual earnings per share of 6.50%. With a float of $171.90 million, this company’s outstanding shares have now reached $172.47 million.
In an organization with 2602 employees, it is important to assess its efficiency. 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 Updates
Observing investor behavior towards Utilities – Regulated Electric industry stocks is more important than anything else. The insider ownership of Hawaiian Electric Industries, Inc is 0.33%, while institutional ownership is 72.04%.
Hawaiian Electric Industries, Inc (HE) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.25 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 6.50% per share during the next fiscal year.
Hawaiian Electric Industries, Inc (NYSE: HE) Trading Performance Indicators
Hawaiian Electric Industries, Inc (HE) is currently performing well based on its current performance indicators. A quick ratio of 1.61 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.53. Likewise, its price to free cash flow for the trailing twelve months is 13.03.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -12.00, a number that is poised to hit 0.24 in the next quarter and is forecasted to reach 1.08 in one year’s time.
Technical Analysis of Hawaiian Electric Industries, Inc (HE)
Let’s dig in a bit further. During the last 5-days, its volume was 3.71 million. That was better than the volume of 3.22 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 81.54%. Additionally, its Average True Range was 0.50.
During the past 100 days, Hawaiian Electric Industries, Inc’s (HE) raw stochastic average was set at 88.38%, which indicates a significant increase from 81.76% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 54.37% in the past 14 days, which was higher than the 42.12% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $9.65, while its 200-day Moving Average is $10.77. However, in the short run, Hawaiian Electric Industries, Inc’s stock first resistance to watch stands at $11.13. Second resistance stands at $11.44. The third major resistance level sits at $11.70. If the price goes on to break the first support level at $10.56, it is likely to go to the next support level at $10.29. Assuming the price breaks the second support level, the third support level stands at $9.98.
Hawaiian Electric Industries, Inc (NYSE: HE) Key Stats
Market capitalization of the company is 1.87 billion based on 172,466K outstanding shares. Right now, sales total 3,220 M and income totals -1,424 M. The company made 799,180 K in profit during its latest quarter, and -67,770 K in sales during its previous quarter.
