Hewlett Packard Enterprise Co (NYSE:HPE) currently has a daily average trading volume of 17.10M but it saw 7531772 shares traded in last market. With a market cap of 24.54B USD, the company’s current market price of $18.88 came rising about 0.59 while comparing to the previous closing price of $18.77. 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. In the recent trading on the day, stock has struck highest price mark of $18.5 while lowest mark touched by it was $18.9.
Taking a look at 20-day trading activity of Hewlett Packard Enterprise Co (HPE) gives us an average price of $18.37, while its current price level is -17.27% below from 52-week high level whereas it is 30.52% 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 $17.56. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.32% during that period while stretching the period over a month that increases to 2.83%. 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 50.57 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 6.19% up while it is -8.08% when we observe its performance for the past one month. Year-to-date it is 11.19% up and over the past year, the stock is showing an upside performance of 10.80%.
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 13.76 while having a 8.99 of forward P/E ratio. Stock’s beta reads 1.21. Stock has a price to book (P/B) ratio of 1.13 while price to sale or P/S ratio amounts to 0.87. Its return on asset (ROA) is 3.14% on average.
