Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
After finishing at $12.90 in the prior trading day, Hawaiian Holdings, Inc. (NASDAQ: HA) closed at $12.42, down -3.72%. In other words, the price has decreased by -$3.72 from its previous closing price. On the day, 1.47 million shares were traded. HA stock price reached its highest trading level at $12.63 during the session, while it also had its lowest trading level at $12.01.
Ratios:
Our goal is to gain a better understanding of HA by taking a closer look at its different 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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. On Apr 28 ’23, another insider, Alter Aaron J, who serves as the Exec VP & Chief Legal Officer of the company, sold 3,000 shares for $8.19 each. As a result, the insider received 24,582 and left with 120,698 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, HA now has a Market Capitalization of 668069312 and an Enterprise Value of 1862075008. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.23. Its current Enterprise Value per Revenue stands at 0.677 whereas that against EBITDA is -7.64.
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 -8.60%, while the 200-Day Moving Average is calculated to be 18.70%.
Shares Statistics:
The stock has traded on average 741.49K shares per day over the past 3-months and 775280 shares per day over the last 10 days, according to various share statistics. A total of 51.82M shares are outstanding, with a floating share count of 50.34M. Insiders hold about 2.86% of the company’s shares, while institutions hold 86.56% stake in the company. Shares short for HA as of 1711584000 were 6047645 with a Short Ratio of 8.16, compared to 1709164800 on 6103264. Therefore, it implies a Short% of Shares Outstanding of 6047645 and a Short% of Float of 11.959999999999999.
