The trading price of HashiCorp Inc (NASDAQ:HCP) floating higher at last check on Wednesday, April 24, closing at $29.49, 1.17% higher than its previous close.
In examining the 52-week price action we see that the stock hit a 52-week high of $36.39 and a 52-week low of $18.91. Over the past month, the stock has gained 9.51% in value.
HashiCorp Inc, whose market valuation is $5.91 billion at the time of this writing. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by -0.01 per share this quarter, however they have predicted annual earnings per share of 0.07 for current year and 0.27 for next year.
Analysts have forecast the company to bring in revenue of 153.15M for the current quarter, with the likely lows of 152.45M and highs of 154M. From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue is 645.53M.
On the technical side, indicators suggest HCP has a 100% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Buy, while an average of long term indicators suggests that the stock is currently 50% Buy.
A quick review shows that HCP’s price is currently 15.25% off the SMA20 and 15.47% off the SMA50. The RSI metric on the 14-day chart is currently showing 68.65, and weekly volatility stands at 8.50%. When measured over the past 30 days, the indicator reaches 4.37%. HashiCorp Inc (NASDAQ:HCP)’s beta value is currently sitting at 1.34, while the Average True Range indicator is currently displaying 1.32.
To see how HashiCorp Inc stock has been performing today in comparison to its peers in the industry, here are the numbers: HCP stock’s performance was 1.17% at last check in today’s session, and 7.75% in the past year.
An evaluation of the daily trading volume of HashiCorp Inc (NASDAQ:HCP) indicates that the 3-month average is 2.62 million.
Currently, records show that 125.33 million of the company’s shares remain outstanding. The insiders hold 43.48% of outstanding shares, whereas institutions hold 47.90%. However, since the stock’s price has seen 24.75% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
