The 36-month beta value for HCP is at 1.25. Analysts have varying views on the stock, with 2 analysts rating it as a “buy,” 0 rating it as “overweight,” 17 as “hold,” and 1 as “sell.”
The public float for HCP is 114.87M, and currently, shorts hold a 6.05% of that float. The average trading volume for HCP on May 06, 2024 was 4.19M shares.
HCP) stock’s latest price update
The stock price of HashiCorp Inc (NASDAQ: HCP) has surged by 0.09 when compared to previous closing price of 32.82, but the company has seen a 0.80% gain in its stock price over the last five trading sessions. Seeking Alpha reported 2024-04-25 that We had previously highlighted the $190-200 area as the best sell zone for IBM. Revenues for IBM were soft in Q1-2024, with consulting growing at sub-inflation rates and clients pulling back. The Company’s gross profit margin remains high, but it may not be sustainable in the face of increasing competition and a potential downturn.
HCP’s Market Performance
HCP’s stock has risen by 0.80% in the past week, with a monthly rise of 28.02% and a quarterly rise of 41.41%. The volatility ratio for the week is 0.64% while the volatility levels for the last 30 days are 4.09% for HashiCorp Inc The simple moving average for the past 20 days is 18.31% for HCP’s stock, with a 33.76% simple moving average for the past 200 days.
Analysts’ Opinion of HCP
Scotiabank gave a rating of “Sector Outperform” to HCP, setting the target price at $31 in the report published on March 12th of the current year.
HCP Trading at 22.72% from the 50-Day Moving Average
After a stumble in the market that brought HCP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -9.73% of loss for the given period.
Volatility was left at 4.09%, however, over the last 30 days, the volatility rate increased by 0.64%, as shares surge +27.28% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +52.01% upper at present.
During the last 5 trading sessions, HCP rose by +0.80%, which changed the moving average for the period of 200-days by +12.08% in comparison to the 20-day moving average, which settled at $28.12. In addition, HashiCorp Inc saw 38.96% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at HCP starting from Zarmi Sigal, who sale 4,350 shares at the price of $30.00 back on Apr 23 ’24. After this action, Zarmi Sigal now owns 37,991 shares of HashiCorp Inc, valued at $130,500 using the latest closing price.
Welihinda Navam, the CHIEF FINANCIAL OFFICER of HashiCorp Inc, sale 3,000 shares at $27.84 during a trade that took place back on Apr 23 ’24, which means that Welihinda Navam is holding 93,925 shares at $83,520 based on the most recent closing price.
Stock Fundamentals for HCP
Current profitability levels for the company are sitting at:
- -0.44 for the present operating margin
- 0.82 for the gross margin
The net margin for HashiCorp Inc stands at -0.33. The total capital return value is set at -0.2. Equity return is now at value -15.77, with -11.49 for asset returns.
Based on HashiCorp Inc (HCP), the company’s capital structure generated 0.01 points at debt to capital in total, while cash flow to debt ratio is standing at -0.53. The debt to equity ratio resting at 0.01. The interest coverage ratio of the stock is 17.11.
Currently, EBITDA for the company is -244.77 million with net debt to EBITDA at 3.03. When we switch over and look at the enterprise to sales, we see a ratio of 10.03. The receivables turnover for the company is 3.19for trailing twelve months and the total asset turnover is 0.34. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.38.
Conclusion
In conclusion, HashiCorp Inc (HCP) has had a better performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
