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After finishing at $32.46 in the prior trading day, HashiCorp Inc (NASDAQ: HCP) closed at $32.62, up 0.49%. In other words, the price has increased by $0.49 from its previous closing price. On the day, 6.62 million shares were traded. HCP stock price reached its highest trading level at $32.65 during the session, while it also had its lowest trading level at $32.46.
Ratios:
Our goal is to gain a better understanding of HCP by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.38 and its Current Ratio is at 3.38. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
Scotiabank Upgraded its Sector Perform to Sector Outperform on March 12, 2024, while the target price for the stock was maintained at $31.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Apr 23 ’24 when Zarmi Sigal sold 4,350 shares for $30.00 per share. The transaction valued at 130,500 led to the insider holds 37,991 shares of the business.
Welihinda Navam sold 3,000 shares of HCP for $83,520 on Apr 23 ’24. The CHIEF FINANCIAL OFFICER now owns 93,925 shares after completing the transaction at $27.84 per share. On Apr 22 ’24, another insider, Dadgar Armon, who serves as the CHIEF TECHNOLOGY OFFICER of the company, sold 35,904 shares for $24.31 each. As a result, the insider received 872,844 and left with 1,625,260 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HCP now has a Market Capitalization of 6552901120 and an Enterprise Value of 5244621824. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.21 while its Price-to-Book (P/B) ratio in mrq is 5.36. Its current Enterprise Value per Revenue stands at 8.994 whereas that against EBITDA is -21.403.
Stock Price History:
Over the past 52 weeks, HCP has reached a high of $36.39, while it has fallen to a 52-week low of $18.91. The 50-Day Moving Average of the stock is 23.73%, while the 200-Day Moving Average is calculated to be 33.02%.
Shares Statistics:
The stock has traded on average 4.02M shares per day over the past 3-months and 12527010 shares per day over the last 10 days, according to various share statistics. A total of 125.33M shares are outstanding, with a floating share count of 113.29M. Insiders hold about 43.46% of the company’s shares, while institutions hold 47.84% stake in the company. Shares short for HCP as of 1713139200 were 6949469 with a Short Ratio of 1.73, compared to 1710460800 on 6455926. Therefore, it implies a Short% of Shares Outstanding of 6949469 and a Short% of Float of 5.6399997.
