Hawaiian Holdings, Inc. (HA): Choosing The Technical Investor Route

Hawaiian Holdings, Inc. (NASDAQ:HA) does about 693.91K shares in volume on a normal day but saw 734965 shares change hands in Tuesday’s trading. The company now has a market cap of 698.94M USD. Its current market price is $13.48, marking an increase of 1.05% compared to the previous close of $13.34. The 52 week high reached by this stock is $14.89 whilst the lowest price level in 52 weeks is $3.70.

Hawaiian Holdings, Inc. (HA) has a 20-day trading average at $12.80 and the current price is -9.47% off the 52-week high compared with 264.32% distance from its 52-week low. The 50-day simple moving average of the closing price is $13.20 and its 200-day simple moving average is $10.56. If we look at the stock’s price movements over the week, volatility stands at 2.49%, which increases to 2.85% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 60.88 to suggest the stock is neutral.

The consensus objective for the share price is $15.00, suggesting that the stock has a potential upside of 10.13% over the period.

The company shares received a number of brokerage firm price updates over the past month, with the latest being on December 04, 2023 when Deutsche Bank upgraded the stock to “Buy” and issued a price target of between $4 and $16. Deutsche Bank downgraded its price target at $25-$23.

Hawaiian Holdings, Inc. (HA) stock is up 7.84% over the week and 1.58% over the past month. Its price is -5.07% year-to-date and 78.54% over the past year.

To reach the target analysts have set, the stock logically needs to grow 10.13 percent from here.

The company has a return on investment of -15.68% and return on equity of -310.52%. The beta has a value of 2.40. Price to sales ratio is 0.25.