The price of Hempacco Co Inc (NASDAQ: HPCO) closed at $2.02 in the last session, down -10.62% from day before closing price of $2.26. In other words, the price has decreased by -$0.2600 from its previous closing price. On the day, 730693 shares were traded. HPCO stock price reached its highest trading level at $2.3800 during the session, while it also had its lowest trading level at $1.8600.
Ratios:
We take a closer look at HPCO’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.41 and its Current Ratio is at 0.58. In the meantime, Its Debt-to-Equity ratio is 0.42 whereas as Long-Term Debt/Eq ratio is at 0.02.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on May 19 ’23 when Titus Stuart W bought 10,000 shares for $0.57 per share. The transaction valued at 5,700 led to the insider holds 386,127 shares of the business.
Titus Stuart W bought 10,000 shares of HPCO for $5,799 on May 17 ’23. The Director now owns 376,127 shares after completing the transaction at $0.58 per share. On May 12 ’23, another insider, Titus Stuart W, who serves as the Director of the company, bought 10,000 shares for $0.57 each. As a result, the insider paid 5,700 and bolstered with 366,127 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, HPCO now has a Market Capitalization of 6.35M and an Enterprise Value of 10.06M. For the stock, the TTM Price-to-Sale (P/S) ratio is 23.10 while its Price-to-Book (P/B) ratio in mrq is 0.65. Its current Enterprise Value per Revenue stands at 3.97 whereas that against EBITDA is -0.90.
Stock Price History:
Over the past 52 weeks, HPCO has reached a high of $7.90, while it has fallen to a 52-week low of $1.94. The 50-Day Moving Average of the stock is 2.8600, while the 200-Day Moving Average is calculated to be 3.5826.
Shares Statistics:
According to the various share statistics, HPCO traded on average about 60.07K shares per day over the past 3-months and 368.63k shares per day over the past 10 days. A total of 28.93M shares are outstanding, with a floating share count of 10.18M. Insiders hold about 64.81% of the company’s shares, while institutions hold 0.08% stake in the company. Shares short for HPCO as of Feb 29, 2024 were 8.4k with a Short Ratio of 0.14, compared to 7.08k on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 0.03% and a Short% of Float of 0.07%.
