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In the latest session, Hawaiian Electric Industries, Inc. (NYSE: HE) closed at $9.95 up 1.02% from its previous closing price of $9.85. In other words, the price has increased by $1.02 from its previous closing price. On the day, 4.22 million shares were traded. HE stock price reached its highest trading level at $10.14 during the session, while it also had its lowest trading level at $9.81.
Ratios:
For a deeper understanding of Hawaiian Electric Industries, Inc.’s stock, let’s take a closer look at its various ratios. 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 1716036608 and an Enterprise Value of 4477470208. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.45 while its Price-to-Book (P/B) ratio in mrq is 1.01. Its current Enterprise Value per Revenue stands at 1.226 whereas that against EBITDA is -3.88.
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 -24.22%, while the 200-Day Moving Average is calculated to be -17.03%.
Shares Statistics:
For the past three months, HE has traded an average of 5.47M shares per day and 9352250 over the past ten days. A total of 164.36M shares are outstanding, with a floating share count of 163.76M. Insiders hold about 0.36% of the company’s shares, while institutions hold 43.48% stake in the company. Shares short for HE as of 1726185600 were 11322907 with a Short Ratio of 2.07, compared to 1723680000 on 14023516. Therefore, it implies a Short% of Shares Outstanding of 11322907 and a Short% of Float of 10.290000000000001.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.036548223The stock’s 5-year Average Dividend Yield is 4.47.
