Daily Progress: Hawaiian Holdings, Inc. (HA) Gain 1.98, Closing at 13.89

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In the latest session, Hawaiian Holdings, Inc. (NASDAQ: HA) closed at $13.89 up 1.98% from its previous closing price of $13.62. In other words, the price has increased by $1.98 from its previous closing price. On the day, 1.16 million shares were traded. HA stock price reached its highest trading level at $14.18 during the session, while it also had its lowest trading level at $13.53.

Ratios:

For a deeper understanding of Hawaiian Holdings, Inc.’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.84 and its Current Ratio is at 0.89.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, TD Cowen on Jul-18-24, Reiterated its Hold rating but revised its target price to $13 from $12 previously.

On December 04, 2023, Deutsche Bank Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $4 to $16.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Oct 27 ’23 when Alter Aaron J sold 3,000 shares for $3.93 per share. The transaction valued at 11,794 led to the insider holds 114,698 shares of the business.

Alter Aaron J sold 3,000 shares of HA for $32,694 on Jul 28 ’23. The Exec VP & Chief Legal Officer now owns 117,698 shares after completing the transaction at $10.90 per share.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HA now has a Market Capitalization of 720181248 and an Enterprise Value of 1938428288. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.26. Its current Enterprise Value per Revenue stands at 0.705 whereas that against EBITDA is -7.414.

Stock Price History:

The Beta on a monthly basis for HA is 2.39, which has changed by 0.17497885 over the last 52 weeks, in comparison to a change of 0.23228896 over the same period for the S&P500. Over the past 52 weeks, HA has reached a high of $14.89, while it has fallen to a 52-week low of $3.70. The 50-Day Moving Average of the stock is 5.63%, while the 200-Day Moving Average is calculated to be 20.95%.

Shares Statistics:

For the past three months, HA has traded an average of 651.89K shares per day and 909754 over the past ten days. A total of 51.82M shares are outstanding, with a floating share count of 50.27M. Insiders hold about 3.05% of the company’s shares, while institutions hold 86.33% stake in the company. Shares short for HA as of 1719532800 were 4814200 with a Short Ratio of 7.38, compared to 1717113600 on 4626193. Therefore, it implies a Short% of Shares Outstanding of 4814200 and a Short% of Float of 9.520000000000001.

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