The 36-month beta value for HPCO is also noteworthy at 1.71.
The public float for HPCO is 1.66M, and at present, short sellers hold a 4.99% of that float. The average trading volume of HPCO on May 01, 2024 was 124.85K shares.
HPCO) stock’s latest price update
The stock of Hempacco Co Inc (NASDAQ: HPCO) has increased by 20.00 when compared to last closing price of 1.00.Despite this, the company has seen a gain of 20.00% in its stock price over the last five trading days. InvestorPlace reported 2023-12-07 that Hempacco (NASDAQ: HPCO ) stock is taking off on Thursday after the hemp and CBD company announced a new distribution agreement. According to a press release from the company, it has signed a Master Distribution Agreement with CBDAY Global Private Limited.
HPCO’s Market Performance
Hempacco Co Inc (HPCO) has experienced a 20.00% rise in stock performance for the past week, with a -22.08% drop in the past month, and a -63.96% drop in the past quarter. The volatility ratio for the week is 12.77%, and the volatility levels for the past 30 days are at 15.35% for HPCO. The simple moving average for the past 20 days is 4.74% for HPCO’s stock, with a -62.46% simple moving average for the past 200 days.
HPCO Trading at -34.94% from the 50-Day Moving Average
After a stumble in the market that brought HPCO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -84.40% of loss for the given period.
Volatility was left at 15.35%, however, over the last 30 days, the volatility rate increased by 12.77%, as shares sank -20.00% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -54.99% lower at present.
During the last 5 trading sessions, HPCO rose by +20.00%, which changed the moving average for the period of 200-days by -69.44% in comparison to the 20-day moving average, which settled at $1.1307. In addition, Hempacco Co Inc saw -64.53% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at HPCO starting from Titus Stuart W, who purchase 10,000 shares at the price of $0.57 back on May 19 ’23. After this action, Titus Stuart W now owns 386,127 shares of Hempacco Co Inc, valued at $5,700 using the latest closing price.
Titus Stuart W, the Director of Hempacco Co Inc, purchase 10,000 shares at $0.58 during a trade that took place back on May 17 ’23, which means that Titus Stuart W is holding 376,127 shares at $5,799 based on the most recent closing price.
Stock Fundamentals for HPCO
Current profitability levels for the company are sitting at:
- -4.42 for the present operating margin
- -0.44 for the gross margin
The net margin for Hempacco Co Inc stands at -4.81. The total capital return value is set at -1.25. Equity return is now at value -103.39, with -76.52 for asset returns.
Based on Hempacco Co Inc (HPCO), the company’s capital structure generated 0.29 points at debt to capital in total, while cash flow to debt ratio is standing at -1.65. The debt to equity ratio resting at 0.42. The interest coverage ratio of the stock is -81.46.
Currently, EBITDA for the company is -5.27 million with net debt to EBITDA at -0.33. When we switch over and look at the enterprise to sales, we see a ratio of 3.18. The receivables turnover for the company is 3.01for trailing twelve months and the total asset turnover is 0.18. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.58.
Conclusion
In summary, Hempacco Co Inc (HPCO) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
