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In the latest session, Hawaiian Electric Industries, Inc (NYSE: HE) closed at $10.39 down -1.33% from its previous closing price of $10.53. In other words, the price has decreased by -$1.33 from its previous closing price. On the day, 1.07 million shares were traded. HE stock price reached its highest trading level at $10.59 during the session, while it also had its lowest trading level at $10.365.
Ratios:
For a deeper understanding of Hawaiian Electric Industries, Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.51 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 28.21. For the most recent quarter (mrq), Quick Ratio is recorded 5.56 and its Current Ratio is at 5.56. In the meantime, Its Debt-to-Equity ratio is 2.41 whereas as Long-Term Debt/Eq ratio is at 2.41.
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 1816057728 and an Enterprise Value of 4555916800. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.48 while its Price-to-Book (P/B) ratio in mrq is 1.14. Its current Enterprise Value per Revenue stands at 1.235 whereas that against EBITDA is -1.464.
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 2.60%, while the 200-Day Moving Average is calculated to be -7.09%.
Shares Statistics:
For the past three months, HE has traded an average of 4.03M shares per day and 2245030 over the past ten days. A total of 172.47M shares are outstanding, with a floating share count of 172.07M. Insiders hold about 0.23% of the company’s shares, while institutions hold 74.02% stake in the company. Shares short for HE as of 1731628800 were 9799834 with a Short Ratio of 2.43, compared to 1728950400 on 7673120. Therefore, it implies a Short% of Shares Outstanding of 9799834 and a Short% of Float of 5.6900002.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 4.48.
