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The closing price of Hawaiian Electric Industries, Inc. (NYSE: HE) was $9.90 for the day, down -2.08% from the previous closing price of $10.11. In other words, the price has decreased by -$2.08 from its previous closing price. On the day, 2.52 million shares were traded. HE stock price reached its highest trading level at $10.155 during the session, while it also had its lowest trading level at $9.775.
Ratios:
Our analysis of HE’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 3.69 and its Current Ratio is at 3.69. In the meantime, Its Debt-to-Equity ratio is 3.48 whereas as Long-Term Debt/Eq ratio is at 3.48.
On November 10, 2023, Wells Fargo Downgraded its rating to Underweight which previously was Equal Weight and also upped its target price recommendation from $8 to $8.50.
Wells Fargo Upgraded its Underweight to Equal Weight on August 18, 2023, whereas the target price for the stock was revised from $25 to $8.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HE now has a Market Capitalization of 1707413376 and an Enterprise Value of 4495118848. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.44 while its Price-to-Book (P/B) ratio in mrq is 1.01. Its current Enterprise Value per Revenue stands at 1.231 whereas that against EBITDA is -3.895.
Stock Price History:
Over the past 52 weeks, HE has reached a high of $18.19, while it has fallen to a 52-week low of $7.61. The 50-Day Moving Average of the stock is -9.99%, while the 200-Day Moving Average is calculated to be -14.88%.
Shares Statistics:
HE traded an average of 4.64M shares per day over the past three months and 2854790 shares per day over the past ten days. A total of 164.36M shares are outstanding, with a floating share count of 163.98M. Insiders hold about 0.23% of the company’s shares, while institutions hold 43.82% stake in the company. Shares short for HE as of 1727654400 were 15628328 with a Short Ratio of 3.37, compared to 1724976000 on 13156831. Therefore, it implies a Short% of Shares Outstanding of 15628328 and a Short% of Float of 9.08.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.03560831The stock’s 5-year Average Dividend Yield is 4.48.
