Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
The closing price of HashiCorp Inc (NASDAQ: HCP) was $32.76 for the day, down -0.15% from the previous closing price of $32.81. In other words, the price has decreased by -$0.15 from its previous closing price. On the day, 3.27 million shares were traded. HCP stock price reached its highest trading level at $32.845 during the session, while it also had its lowest trading level at $32.69.
Ratios:
Our analysis of HCP’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on May 02 ’24 when Dadgar Armon sold 35,904 shares for $32.72 per share. The transaction valued at 1,174,844 led to the insider holds 1,589,356 shares of the business.
Zarmi Sigal sold 4,350 shares of HCP for $130,500 on Apr 23 ’24. The Director now owns 37,991 shares after completing the transaction at $30.00 per share. On Apr 23 ’24, another insider, Welihinda Navam, who serves as the CHIEF FINANCIAL OFFICER of the company, sold 3,000 shares for $27.84 each. As a result, the insider received 83,520 and left with 93,925 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 6589051392 and an Enterprise Value of 5282535424. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.29 while its Price-to-Book (P/B) ratio in mrq is 5.38. Its current Enterprise Value per Revenue stands at 9.059 whereas that against EBITDA is -21.558.
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 19.15%, while the 200-Day Moving Average is calculated to be 32.90%.
Shares Statistics:
HCP traded an average of 4.37M shares per day over the past three months and 10648910 shares per day over the past ten days. A total of 125.33M shares are outstanding, with a floating share count of 114.87M. Insiders hold about 42.82% of the company’s shares, while institutions hold 47.36% stake in the company. Shares short for HCP as of 1713139200 were 6949469 with a Short Ratio of 1.59, compared to 1710460800 on 6455926. Therefore, it implies a Short% of Shares Outstanding of 6949469 and a Short% of Float of 5.6399997.
