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The price of Hawaiian Electric Industries, Inc. (NYSE: HE) closed at $12.24 in the last session, up 0.16% from day before closing price of $12.22. In other words, the price has increased by $0.16 from its previous closing price. On the day, 1.98 million shares were traded. HE stock price reached its highest trading level at $12.755 during the session, while it also had its lowest trading level at $11.94.
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 1350108672 and an Enterprise Value of 4730065408. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.37 while its Price-to-Book (P/B) ratio in mrq is 1.24. Its current Enterprise Value per Revenue stands at 1.295 whereas that against EBITDA is -4.099.
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 -6.31%, while the 200-Day Moving Average is calculated to be 1.34%.
Shares Statistics:
According to the various share statistics, HE traded on average about 4.47M shares per day over the past 3-months and 2472220 shares per day over the past 10 days. A total of 110.15M shares are outstanding, with a floating share count of 109.90M. Insiders hold about 0.36% of the company’s shares, while institutions hold 64.77% stake in the company. Shares short for HE as of 1724976000 were 13156831 with a Short Ratio of 2.94, compared to 1722384000 on 15877891. Therefore, it implies a Short% of Shares Outstanding of 13156831 and a Short% of Float of 11.959999999999999.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.029459903The stock’s 5-year Average Dividend Yield is 4.47.
