Hartford Financial Services Group Inc. (NYSE:HIG) price is hovering lower on Wednesday, April 17, dropping -1.71% below its previous close.
A look at today’s price movement shows that the recent level at last check reads $97.73. The company’s P/E ratio in the trailing 12-month period read 12.02. Taking into account the 52-week price action we note that the stock hit a 52-week high of $103.64 and 52-week low of $67.05. The stock subtracted -3.60% on its value in the past month.
Hartford Financial Services Group Inc., which has a market valuation of $28.56 billion. The company stock has a Forward Dividend ratio of 1.79, while the dividend yield is 1.86%. It is understandable that investor optimism is growing ahead of the company’s current quarter results.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give HIG a short term outlook of 50% Buy on average. Looking at the stock’s medium term indicators we note that it is averaging as a 50% Buy, while an average of long term indicators are currently assigning the stock as 100% Buy.
If we dive deeper into the stock’s performance we see the positive picture represented by the PEG ratio, currently standing at 1.14. The overview shows that HIG’s price is at present -4.50% off the SMA20 and -1.01% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 38.31, with weekly volatility standing at 1.64%. The indicator jumps to 1.44% when calculated based on the past 30 days. Hartford Financial Services Group Inc. (NYSE:HIG)’s beta value is holding at 0.89, while the average true range (ATR) indicator is currently reading 1.61.
An analysis of the Hartford Financial Services Group Inc. (NYSE:HIG) stock in terms of its daily trading volume indicates that the 3-month average is 1.84 million.
Current records show that the company has 298.47M in outstanding shares. The insiders’ percentage holdings are 0.49% of outstanding shares while the percentage share held by institutions stands at 95.49%. But the 19.51% upside, the stock’s price has registered year-to-date as of today’s value, will likely reignite investor interest given the prospect of it rallying even higher.
