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Hawaiian Electric Industries, Inc (NYSE: HE) closed the day trading at $9.33 down -1.27% from the previous closing price of $9.45. In other words, the price has decreased by -$1.27 from its previous closing price. On the day, 2.81 million shares were traded. HE stock price reached its highest trading level at $9.465 during the session, while it also had its lowest trading level at $9.21.
Ratios:
For a better understanding of HE, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.35 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 25.35. 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.
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 this company, Jefferies on December 03, 2024, initiated with a Hold rating and assigned the stock a target price of $11.50.
On August 23, 2024, Wells Fargo Upgraded its rating to Equal Weight which previously was Underweight but kept the price unchanged to $14.
Wells Fargo Downgraded its Equal Weight to Underweight on November 10, 2023, whereas the target price for the stock was revised from $8 to $8.50.
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 1609107712 and an Enterprise Value of 4373103104. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.43 while its Price-to-Book (P/B) ratio in mrq is 1.02. Its current Enterprise Value per Revenue stands at 1.185 whereas that against EBITDA is -1.405.
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 -8.23%, while the 200-Day Moving Average is calculated to be -14.85%.
Shares Statistics:
Over the past 3-months, HE traded about 3.07M shares per day on average, while over the past 10 days, HE traded about 3483250 shares per day. A total of 172.47M shares are outstanding, with a floating share count of 172.09M. Insiders hold about 0.22% of the company’s shares, while institutions hold 74.06% stake in the company. Shares short for HE as of 1734048000 were 11779802 with a Short Ratio of 3.84, compared to 1731628800 on 9799834. Therefore, it implies a Short% of Shares Outstanding of 11779802 and a Short% of Float of 6.84.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 4.48.
