Hawaiian Electric Industries (HE):
Hawaiian Electric Industries (HE) completed business day with performance of -0.31% and closed at $38.58 per share value in Thursday trading session. The recent trading activity revealed that the stock price is at 21.63% off from its 52-week low and traded with move of -1.36% from high printed in the last 52-week period. The Company kept 107.84M Floating Shares and holds 108.88M shares outstanding.
The company’s earnings per share shows growth of -28.40% for the current year and expected to arrive earnings growth for the next year at 8.10% . Analyst projected EPS growth for the next 5 years at8.10%. The company’s EPS growth rate for past five years was 2.90%. The earnings growth rate for the next years is an important measure for investors planning to hold onto a stock for several years. The company’s earnings will usually have a direct relationship to the price of the company’s stock. The stock observed Sales growth of -5.40% during past 5 years. EPS growth quarter over quarter stands at 9.50% and Sales growth quarter over quarter is at 14.10%.
Shares price moved with -1.36% from its 50 Day high and distanced at 10.72% from 50 Day low. Analyses consensus rating score stands at 3.6. For the next one year period, the average of individual price target estimates referred by covering sell-side analysts is $34.6.
As took short look on profitability, the firm profit margin which was recorded 6.70%, and operating margin was noted at 12.10%. The company maintained a Gross Margin of 12.10%. The Institutional ownership of the firm is 52.80% while Insiders ownership is 0.10%. Company has kept return on investment (ROI) at 5.90% over the previous 12 months and has been able to maintain return on asset (ROA) at 1.40% for the last twelve months. Return on equity (ROE) recorded at 8.80%.
Hawaiian Electric Industries (HE) stock recent traded volume stands with 482289 shares as compared with its average volume of 490.28K shares. The relative volume observed at 0.98.
Trading volume, or volume, is the number of shares or contracts that indicates the overall activity of a security or market for a given period. Trading volume is an important technical indicator an investor uses to confirm a trend or trend reversal. Volume gives an investor an idea of the price action of a security and whether he should buy or sell the security.
Volume analysis is used by technical analysts to determine the strength of price movement, as some believe price follows volume. For example, if the price of a stock is going up, but volume is declining, it can be a bearish signal. On the hand, if price is declining and volume is rising, it is definitely a bearish sign.
The long term debt/equity shows a value of 0.89 with a total debt/equity of 0.98. It gives the investors the idea on the company’s financial leverage, measured by apportioning total liabilities by its stockholders equity. It also illustrates how much debt the corporation is using to finance its assets in relation to the value represented in shareholders’ equity.
Trend Following Tool:
Moving averages are usually a trend following tool. As they are a lagging indicator, they can tell us that a trend has started only after it already happens. The closing price is considered the most important price level of the trading day and is the figure most commonly used in calculating a moving average. A midpoint can also be used. Some technical analysts use an average of the high, low and closing prices. Price bands can also be created by averaging the high and low prices separately.
It goes without saying that investors should not rely solely on any one technique. However, applying moving-average strategies in conjunction with portfolio diversification and prudent money management may reduce one’s risk substantially.
Hawaiian Electric Industries (HE) stock moved above 2.07% in contrast to its 20 day moving average displaying short-term an upward movement of stock. It shifted 5.02% up its 50-day simple moving average. This is showing medium-term optimistic trend based on SMA 50. The stock price went above 10.33% from its 200-day simple moving average identifying long-term upward trend.
David Culbreth – Category – Business
David Culbreth is a self-taught investor that has been investing in equities since she was a senior in college and continues to invest. He is extremely devoted to demystifying investing terminology for new investors.
David Culbreth is a senior author and journalist. He has more than 5 years of experience in institutional investment markets, including fixed income, equities, derivatives and real estate. David has a Bachelor in Business Administration with a major in Finance. He bought his first stocks in a private business at age 15 and made his first public stock trade at 23. He has always been interested in the stock market and how it behaves.
As the dad of two children, he’s made saving money and investing for them a high priority. Over many years of investing, he has made some wise choices and he’s made many mistakes. But he’s learned from both. Mr. David observations and experience give him the insight to stock market patterns and the investor behaviors that create them.