Hewlett Packard Enterprise Co (NYSE:HPE) currently has a daily average trading volume of 16.64M but it saw 9551715 shares traded in last market. With a market cap of 26.06B USD, the company’s current market price of $20.05 came falling about -2.39 while comparing to the previous closing price of $20.54. In past 52 weeks, the stock remained buoying in the range of price level as high as $22.82 and as low as $14.47.
Taking a look at 20-day trading activity of Hewlett Packard Enterprise Co (HPE) gives us an average price of $20.92, while its current price level is -12.14% below from 52-week high level whereas it is 38.61% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $19.96 while that of 200 days or SMA-200 reads an average of $17.33. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.04% during that period while stretching the period over a month that increases to 2.21%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 41.29 which implies that the stock is in neutral territory.
Wells Fargo downgraded its recommendation for the stock as a “Equal Weight” from “Overweight” on March 01, 2024 while assigning a price target range of $21-$17. Bernstein issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $20 and $17.
Over the week, HPE’s stock price is moving -3.65% down while it is -2.05% when we observe its performance for the past one month. Year-to-date it is 18.08% up and over the past year, the stock is showing an upside performance of 15.56%.
Currently, Hewlett Packard Enterprise Co’s total number of outstanding shares is 1.30B. Company’s return on investment (ROI) stands at 6.19% and return on equity (ROE) at 8.60%. It has a price to earnings ratio (P/E ratio) of 14.62 while having a 9.54 of forward P/E ratio. Stock’s beta reads 1.21. Stock has a price to book (P/B) ratio of 1.20 while price to sale or P/S ratio amounts to 0.92. Its return on asset (ROA) is 3.14% on average.
