The stock of Haynes International Inc (HAYN) has seen a 0.48% increase in the past week, with a 0.94% gain in the past month, and a 1.99% flourish in the past quarter. The volatility ratio for the week is 0.13%, and the volatility levels for the past 30 days are at 0.37% for HAYN. The simple moving average for the past 20 days is 0.68% for HAYN’s stock, with a 2.29% simple moving average for the past 200 days.
Is It Worth Investing in Haynes International Inc (NASDAQ: HAYN) Right Now?
Haynes International Inc (NASDAQ: HAYN) has a higher price-to-earnings ratio of 21.02x compared to its average ratio, The 36-month beta value for HAYN is at 1.38. Analysts have varying views on the stock, with 1 analysts rating it as a “buy,” 1 rating it as “overweight,” 3 as “hold,” and 0 as “sell.”
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The public float for HAYN is 12.43M, and currently, shorts hold a 4.99% of that float. The average trading volume for HAYN on November 21, 2024 was 144.02K shares.
HAYN) stock’s latest price update
The stock of Haynes International Inc (NASDAQ: HAYN) has increased by 0.03 when compared to last closing price of 60.97. Despite this, the company has experienced a 0.48% gain in its stock price over the last five trading sessions. prnewswire.com reported 2024-11-20 that NEW YORK , Nov. 20, 2024 /PRNewswire/ — Dream Finders Homes Inc. (NYSE: DFH) will replace Haynes International Inc. (NASD: HAYN) in the S&P SmallCap 600 effective prior to the opening of trading on Monday, November 25. Haynes International is being acquired in a deal expected to close soon pending final closing conditions.
Analysts’ Opinion of HAYN
Northcoast gave a rating of “Buy” to HAYN, setting the target price at $60 in the report published on May 25th of the previous year.
HAYN Trading at 1.79% from the 50-Day Moving Average
After a stumble in the market that brought HAYN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -0.02% of loss for the given period.
Volatility was left at 0.37%, however, over the last 30 days, the volatility rate increased by 0.13%, as shares surge +1.36% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.62% upper at present.
During the last 5 trading sessions, HAYN rose by +0.48%, which changed the moving average for the period of 200-days by +2.25% in comparison to the 20-day moving average, which settled at $60.58. In addition, Haynes International Inc saw 6.91% 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 HAYN starting from Maudlin Daniel W, who sale 6,744 shares at the price of $59.66 back on Sep 05 ’24. After this action, Maudlin Daniel W now owns 30,287 shares of Haynes International Inc, valued at $402,374 using the latest closing price.
DANIEL W. MAUDLIN, the Officer of Haynes International Inc, proposed sale 6,744 shares at $59.66 during a trade that took place back on Sep 05 ’24, which means that DANIEL W. MAUDLIN is holding shares at $402,373 based on the most recent closing price.
Stock Fundamentals for HAYN
Current profitability levels for the company are sitting at:
- 0.08 for the present operating margin
- 0.17 for the gross margin
The net margin for Haynes International Inc stands at 0.06. The total capital return value is set at 0.08. Equity return is now at value 8.60, with 5.42 for asset returns.
Based on Haynes International Inc (HAYN), the company’s capital structure generated 0.17 points at debt to capital in total, while cash flow to debt ratio is standing at 0.2. The debt to equity ratio resting at 0.2. The interest coverage ratio of the stock is 6.45.
Currently, EBITDA for the company is 78.07 million with net debt to EBITDA at 1.21. When we switch over and look at the enterprise to sales, we see a ratio of 1.41. The receivables turnover for the company is 5.71for trailing twelve months and the total asset turnover is 0.9. The liquidity ratio also appears to be rather interesting for investors as it stands at 7.74.
Conclusion
In conclusion, Haynes International Inc (HAYN) has had a better performance lately. Opinion on the stock among analysts is mixed, 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.
