Hawaiian Electric Industries, Inc (HE) surge 4.55% in a week: will this be a lucky break through?

Shaun Noe

Hawaiian Electric Industries, Inc (NYSE: HE) started the day on Thursday, with a price increase of 1.75% at $12.18, before settling in for the price of $11.97 at the close. Taking a more long-term approach, HE posted a 52-week range of $8.14-$13.41.

Nevertheless, stock’s Earnings Per Share (EPS) this year is 1.12%. This publicly-traded company’s shares outstanding now amounts to $172.62 million, simultaneously with a float of $172.24 million. The organization now has a market capitalization sitting at $2.10 billion. At the time of writing, stock’s 50-day Moving Average stood at $11.57, while the 200-day Moving Average is $11.10.

Hawaiian Electric Industries, Inc (HE) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the Utilities – Regulated Electric Industry. Hawaiian Electric Industries, Inc’s current insider ownership accounts for 0.22%, in contrast to 79.02% institutional ownership.

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

Let’s observe the current performance indicators for Hawaiian Electric Industries, Inc (HE). It’s Quick Ratio in the last reported quarter now stands at 1.35. Alongside those numbers, its PE Ratio stands at $16.05, and its Beta score is 0.65. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.68. Similarly, its price to free cash flow for trailing twelve months is now 26.22.

In the same vein, HE’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.76, a figure that is expected to reach 0.32 in the next quarter, and analysts are predicting that it will be 0.95 at the market close of one year from today.

Technical Analysis of Hawaiian Electric Industries, Inc (HE)

If we take a close look at the recent performances of Hawaiian Electric Industries, Inc (NYSE: HE), its last 5-days Average volume was 3.62 million that shows progress from its year to date volume of 2.27 million. During the previous 9 days, stock’s Stochastic %D was recorded 51.23% While, its Average True Range was 66.62.

Raw Stochastic average of Hawaiian Electric Industries, Inc (HE) in the period of the previous 100 days is set at 56.31%, which indicates a major fall in contrast to 70.09% 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 0.40 that was higher than 0.30 volatility it exhibited in the past 100-days period.

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