The stock of HashiCorp Inc (HCP) has seen a 0.24% increase in the past week, with a 0.47% gain in the past month, and a 1.01% flourish in the past quarter. The volatility ratio for the week is 0.41%, and the volatility levels for the past 30 days are at 0.40% for HCP. The simple moving average for the last 20 days is 0.29% for HCP stock, with a simple moving average of 17.77% for the last 200 days.
Is It Worth Investing in HashiCorp Inc (NASDAQ: HCP) Right Now?
Additionally, the 36-month beta value for HCP is 1.25. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 0 rating it as “overweight,” 17 rating it as “hold,” and 1 rating it as “sell.”
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The public float for HCP is 150.40M and currently, short sellers hold a 8.49% ratio of that float. The average trading volume of HCP on September 18, 2024 was 2.59M shares.
HCP) stock’s latest price update
The stock price of HashiCorp Inc (NASDAQ: HCP) has plunged by -0.15 when compared to previous closing price of 33.99, but the company has seen a 0.24% gain in its stock price over the last five trading sessions. prnewswire.com reported 2024-08-30 that MILWAUKEE, Aug. 30, 2024 /PRNewswire/ — Ademi LLP continues to investigate HashiCorp (NASDAQ: HCP) for possible breaches of fiduciary duty and other violations of law in its transaction with IBM. The stockholder vote was recently held.
Analysts’ Opinion of HCP
Many brokerage firms have already submitted their reports for HCP stocks, with Citigroup repeating the rating for HCP by listing it as a “Neutral.” The predicted price for HCP in the upcoming period, according to Citigroup is $35 based on the research report published on September 03, 2024 of the current year 2024.
HCP Trading at 0.73% 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 -0.32% of loss for the given period.
Volatility was left at 0.40%, however, over the last 30 days, the volatility rate increased by 0.41%. Over the last 50 days, in opposition, the stock is trading +0.71% upper at present.
During the last 5 trading sessions, HCP rose by +0.24%, which changed the moving average for the period of 200-days by +56.48% in comparison to the 20-day moving average, which settled at $33.84. In addition, HashiCorp Inc saw 43.57% 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 Holmes Marc, who sale 13,916 shares at the price of $33.80 back on Sep 10 ’24. After this action, Holmes Marc now owns 4,368 shares of HashiCorp Inc, valued at $470,301 using the latest closing price.
MARC HOLMES, the Officer of HashiCorp Inc, proposed sale 13,916 shares at $33.82 during a trade that took place back on Sep 10 ’24, which means that MARC HOLMES is holding shares at $470,639 based on the most recent closing price.
Stock Fundamentals for HCP
Current profitability levels for the company are sitting at:
- -0.32 for the present operating margin
- 0.82 for the gross margin
The net margin for HashiCorp Inc stands at -0.24. The total capital return value is set at -0.16. Equity return is now at value -12.29, with -9.10 for asset returns.
Based on HashiCorp Inc (HCP), the company’s capital structure generated -0.02 points at debt to capital in total, while cash flow to debt ratio is standing at -1.93. The debt to equity ratio resting at -0.02. The interest coverage ratio of the stock is -13.6.
Currently, EBITDA for the company is -244.77 million with net debt to EBITDA at 4.15. When we switch over and look at the enterprise to sales, we see a ratio of 9.7. The receivables turnover for the company is 4.25for trailing twelve months and the total asset turnover is 0.37. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.59.
Conclusion
In conclusion, HashiCorp Inc (HCP) has seen better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as 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.
