Hawaiian Holdings, Inc. (NASDAQ:HA) shares, rose in value, with the stock price up by 1.24% to the previous day’s close as strong demand from buyers drove the stock to $12.27.
Actively observing the price movement in the last trading, the stock closed the session at $12.12. Referring to stock’s 52-week performance, its high was $14.89, and the low was $3.70. On the whole, HA has fluctuated by -7.88% over the past month.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 2.99B, with a low estimate of 742.1M and a high estimate of 763M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 750.16M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that HA’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of HA currently trading nearly -6.14% and -9.25% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 28.55, while the 7-day volatility ratio is showing 2.75% which for the 30-day chart, stands at 2.52%. Furthermore, Hawaiian Holdings, Inc. (HA)’s beta value is 2.39, and its average true range (ATR) is 0.34.
A comparison of Hawaiian Holdings, Inc. (HA) with its peers suggests the former has fared considerably weaker in the market. HA showed an intraday change of 1.24% in last session, and over the past year, it grew by 55.12%%.
Data on historical trading for Hawaiian Holdings, Inc. (NASDAQ:HA) indicates that the trading volumes over the past 3 months, they’ve averaged 726.78K. According to company’s latest data on outstanding shares, there are 51.82 million shares outstanding.
Nearly 2.86% of Hawaiian Holdings, Inc.’s shares belong to company insiders and institutional investors own 86.43% of the company’s shares. The stock has fallen by -13.59% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the HA stock heading into the next quarter.
