First Hawaiian INC (NASDAQ:FHB) shares, rose in value, with the stock price down by -0.82% to the previous day’s close as strong demand from buyers drove the stock to $21.89.
Actively observing the price movement in the last trading, the stock closed the session at $22.07. The PE ratio was 11.92 over 12-month period. Referring to stock’s 52-week performance, its high was $23.22, and the low was $15.08. On the whole, FHB has fluctuated by 0.74% over the past month.
The company’s Forward Dividend Ratio is 1.04, with its dividend yield at 4.75%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 822.9M, with a low estimate of 200.42M and a high estimate of 207.3M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 203.73M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that FHB’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 14.90, with the price of FHB currently trading nearly 2.55% and 2.84% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 57.30, while the 7-day volatility ratio is showing 3.30% which for the 30-day chart, stands at 2.40%. Furthermore, First Hawaiian INC (FHB)’s beta value is 0.98, and its average true range (ATR) is 0.56.
A comparison of First Hawaiian INC (FHB) with its peers suggests the former has fared considerably weaker in the market. FHB showed an intraday change of -0.82% in last session, and over the past year, it grew by 16.13%%.
Data on historical trading for First Hawaiian INC (NASDAQ:FHB) indicates that the trading volumes over the past 3 months, they’ve averaged 667.89K. According to company’s latest data on outstanding shares, there are 127.62 million shares outstanding.
Nearly 0.55% of First Hawaiian INC’s shares belong to company insiders and institutional investors own 99.38% of the company’s shares. The stock has fallen by -4.24% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the FHB stock heading into the next quarter.
