Hillman Solutions Corp (NASDAQ: HLMN) Stock Declined -1.13% Last Week – That’s Proof That Its Volatility Isn’t Going Anywhere

Hillman Solutions Corp (NASDAQ:HLMN) does about 786.71K shares in volume on a normal day but saw 1568435 shares change hands in Monday trading. The company now has a market cap of 1.72B USD. Its current market price is $8.75, marking an increase of 0.11% compared to the previous close of $8.74. The 52 week high reached by this stock is $10.85 whilst the lowest price level in 52 weeks is $6.02.

Hillman Solutions Corp (HLMN) has a 20-day trading average at $8.77 and the current price is -19.32% off the 52-week high compared with 45.35% distance from its 52-week low. The 50-day simple moving average of the closing price is $9.18 and its 200-day simple moving average is $8.77. If we look at the stock’s price movements over the week, volatility stands at 2.10%, which increases to 2.29% 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 44.28 to suggest the stock is neutral.

The consensus objective for the share price is $12.00, suggesting that the stock has a potential upside of 27.08% over the period.

The company shares received a number of brokerage firm price updates over the past month, with the latest being on December 13, 2023 when Barclays downgraded the stock to “Equal Weight” and issued a price target of $9. Imperial Capital initiated its price target at $10.25.

Hillman Solutions Corp (HLMN) stock is down -1.13% over the week and -3.53% over the past month. Its price is -4.99% year-to-date and 4.29% over the past year.

To reach the target analysts have set, the stock logically needs to grow 27.08 percent from here.

The company has a return on investment of -0.10% and return on equity of -0.17%. The forward price to earnings ratio is 15.68. The beta has a value of 1.65. Price to book ratio is 1.48 and price to sales ratio is 1.16.