Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The price of Hawaiian Electric Industries, Inc (NYSE: HE) closed at $10.27 in the last session, up 2.70% from day before closing price of $10.00. In other words, the price has increased by $2.70 from its previous closing price. On the day, 2.93 million shares were traded. HE stock price reached its highest trading level at $10.295 during the session, while it also had its lowest trading level at $9.98.
Ratios:
We take a closer look at HE’s different ratios to gain a better understanding of the stock. 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 1771225856 and an Enterprise Value of 4512767488. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.46 while its Price-to-Book (P/B) ratio in mrq is 1.04. Its current Enterprise Value per Revenue stands at 1.235 whereas that against EBITDA is -3.911.
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 -2.37%, while the 200-Day Moving Average is calculated to be -10.39%.
Shares Statistics:
According to the various share statistics, HE traded on average about 4.04M shares per day over the past 3-months and 2793460 shares per day over the past 10 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 49.04% stake in the company. Shares short for HE as of 1728950400 were 7673120 with a Short Ratio of 1.90, compared to 1726185600 on 11322907. Therefore, it implies a Short% of Shares Outstanding of 7673120 and a Short% of Float of 4.46.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.036000002The stock’s 5-year Average Dividend Yield is 4.48.
