Himalaya Shipping Ltd (NYSE: HSHP) has a higher price-to-earnings ratio of 11.55x compared to its average ratio, Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 1 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for HSHP is 43.90M, and currently, shorts hold a 1.15% of that float. The average trading volume for HSHP on February 21, 2025 was 150.99K shares.
HSHP) stock’s latest price update
The stock price of Himalaya Shipping Ltd (NYSE: HSHP) has jumped by 4.36 compared to previous close of 5.27. Despite this, the company has seen a gain of 13.87% in its stock price over the last five trading days. seekingalpha.com reported 2025-01-19 that Himalaya’s fleet of 12 Newcastlemax dual-fuel ships with scrubbers ensures competitive performance, with index-linked charters outperforming market rates. For 3Q24 HSHP reported rising revenue, EBITDA, and EPS YoY and QoQ. A catalyst event on the horizon is the Simandou Project in Guinea. The first iron ore shipment is expected in 2025.
HSHP’s Market Performance
Himalaya Shipping Ltd (HSHP) has seen a 13.87% rise in stock performance for the week, with a 12.02% gain in the past month and a -24.55% plunge in the past quarter. The volatility ratio for the week is 3.40%, and the volatility levels for the past 30 days are at 3.25% for HSHP. The simple moving average for the past 20 days is 13.31% for HSHP’s stock, with a -23.34% simple moving average for the past 200 days.
HSHP Trading at 11.56% from the 50-Day Moving Average
After a stumble in the market that brought HSHP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -43.65% of loss for the given period.
Volatility was left at 3.25%, however, over the last 30 days, the volatility rate increased by 3.40%, as shares surge +14.82% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.43% lower at present.
During the last 5 trading sessions, HSHP rose by +13.87%, which changed the moving average for the period of 200-days by -35.06% in comparison to the 20-day moving average, which settled at $4.85. In addition, Himalaya Shipping Ltd saw 13.17% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for HSHP
Current profitability levels for the company are sitting at:
- 0.56 for the present operating margin
- 0.61 for the gross margin
The net margin for Himalaya Shipping Ltd stands at 0.22. The total capital return value is set at 0.07. Equity return is now at value 13.62, with 2.85 for asset returns.
Based on Himalaya Shipping Ltd (HSHP), the company’s capital structure generated 0.82 points at debt to capital in total, while cash flow to debt ratio is standing at 0.08. The debt to equity ratio resting at 4.49. The interest coverage ratio of the stock is 1.61.
Currently, EBITDA for the company is 24.23 million with net debt to EBITDA at 7.99. When we switch over and look at the enterprise to sales, we see a ratio of 8.31. The receivables turnover for the company is 88.44for trailing twelve months and the total asset turnover is 0.13. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.75.
Conclusion
In conclusion, Himalaya Shipping Ltd (HSHP) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others 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.
