Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
In the latest session, Hawaiian Holdings, Inc. (NASDAQ: HA) closed at $12.50 up 1.79% from its previous closing price of $12.28. In other words, the price has increased by $1.79 from its previous closing price. On the day, 0.64 million shares were traded. HA stock price reached its highest trading level at $12.605 during the session, while it also had its lowest trading level at $12.2.
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 the company, Deutsche Bank on December 04, 2023, Upgraded its rating to Buy and sets its target price to $16 from $4 previously.
Deutsche Bank Downgraded its Buy to Hold on April 22, 2022, whereas the target price for the stock was revised from $25 to $23.
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 648111232 and an Enterprise Value of 1866358272. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.24. Its current Enterprise Value per Revenue stands at 0.679 whereas that against EBITDA is -7.139.
Stock Price History:
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 -6.06%, while the 200-Day Moving Average is calculated to be 19.06%.
Shares Statistics:
For the past three months, HA has traded an average of 704.90K shares per day and 790860 over the past ten days. A total of 51.82M shares are outstanding, with a floating share count of 50.36M. Insiders hold about 2.86% of the company’s shares, while institutions hold 86.62% stake in the company. Shares short for HA as of 1713139200 were 4987644 with a Short Ratio of 7.08, compared to 1710460800 on 6560879. Therefore, it implies a Short% of Shares Outstanding of 4987644 and a Short% of Float of 9.87.
