Hawaiian Electric Industries, Inc (HE) is gearing up for another turning point as it hit the volume of 1.9 million

Hawaiian Electric Industries, Inc (NYSE: HE) kicked off on Monday, up 3.93% from the previous trading day, before settling in for the closing price of $9.67. Over the past 52 weeks, HE has traded in a range of $7.61-$18.19.

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 Utilities Sector giant was 3.47%. While this was happening, its average annual earnings per share was recorded 3.06%. With a float of $172.17 million, this company’s outstanding shares have now reached $172.47 million.

Let’s determine the extent of company efficiency that accounts for 2602 employees. In terms of profitability, gross margin is -53.01%, operating margin of -53.01%, and the pretax margin is -55.64%.

Hawaiian Electric Industries, Inc (HE) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Utilities – Regulated Electric Industry. The insider ownership of Hawaiian Electric Industries, Inc is 0.19%, while institutional ownership is 72.59%.

Hawaiian Electric Industries, Inc (HE) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.24 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 3.06% per share during the next fiscal year.

Hawaiian Electric Industries, Inc (NYSE: HE) Trading Performance Indicators

Take a look at Hawaiian Electric Industries, Inc’s (HE) current performance indicators. Last quarter, stock had a quick ratio of 1.61. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.49. Likewise, its price to free cash flow for the trailing twelve months is 12.10.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -12.00, a number that is poised to hit 0.29 in the next quarter and is forecasted to reach 1.05 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 2.63 million, which is a drop from its year-to-date volume of 2.97 million. As of the previous 9 days, the stock’s Stochastic %D was 32.89%. 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 49.61%, which indicates a significant increase from 39.92% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 46.17% in the past 14 days, which was higher than the 43.47% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $10.54, while its 200-day Moving Average is $10.82. However, in the short run, Hawaiian Electric Industries, Inc’s stock first resistance to watch stands at $10.18. Second resistance stands at $10.30. The third major resistance level sits at $10.53. If the price goes on to break the first support level at $9.83, it is likely to go to the next support level at $9.60. Should the price break the second support level, the third support level stands at $9.48.

Hawaiian Electric Industries, Inc (NYSE: HE) Key Stats

The company with the Market Capitalisation of 1.73 billion has total of 172,494K Shares Outstanding. Its annual sales at the moment are 3,220 M in contrast with the sum of -1,424 M annual income. Company’s last quarter sales were recorded 486,950 K and last quarter income was -67,770 K.