Helen of Troy Ltd (NASDAQ:HELE) shares, rose in value, with the stock price up by 0.40% to the previous day’s close as strong demand from buyers drove the stock to $91.21.
Actively observing the price movement in the last trading, the stock closed the session at $90.85. The PE ratio was 12.92 over 12-month period. Referring to stock’s 52-week performance, its high was $143.68, and the low was $81.14. On the whole, HELE has fluctuated by -20.65% 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 2.01B, with a low estimate of 441.44M and a high estimate of 481.25M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 453.43M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that HELE’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 1.61, with the price of HELE currently trading nearly -11.28% and -19.56% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 26.24, while the 7-day volatility ratio is showing 4.68% which for the 30-day chart, stands at 3.45%. Furthermore, Helen of Troy Ltd (HELE)’s beta value is 0.82, and its average true range (ATR) is 3.63.
A comparison of Helen of Troy Ltd (HELE) with its peers suggests the former has fared considerably weaker in the market. HELE showed an intraday change of 0.40% in last session, and over the past year, it grew by 11.50%%.
Data on historical trading for Helen of Troy Ltd (NASDAQ:HELE) indicates that the trading volumes over the past 3 months, they’ve averaged 247.59K. According to company’s latest data on outstanding shares, there are 23.75 million shares outstanding.
Nearly 1.31% of Helen of Troy Ltd’s shares belong to company insiders and institutional investors own 111.85% of the company’s shares. The stock has fallen by -24.50% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the HELE stock heading into the next quarter.
