Hippo Holdings Inc [NYSE: HIPO] traded at a high on Wednesday, posting a 0.98 gain after which it closed the day’ session at $32.91.
The results of the trading session contributed to over 132028 shares changing hands. Over the past one week, the price volatility of Hippo Holdings Inc stands at 6.91% while the volatility over the past one month is 7.94%.
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The market cap for HIPO stock reached $801.68 million, with 24.15 million shares outstanding and 13.57 million shares in the current float. Compared to the average trading volume of 153.49K shares, HIPO reached a trading volume of 132028 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Hippo Holdings Inc [HIPO]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for HIPO shares is $31.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on HIPO stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Keefe Bruyette have made an estimate for Hippo Holdings Inc shares, keeping their opinion on the stock as Mkt Perform, with their previous recommendation back on July 22, 2024. While these analysts kept the previous recommendation, William Blair raised their target price to Mkt Perform. The new note on the price target was released on August 11, 2023, representing the official price target for Hippo Holdings Inc stock. Previously, the target price had yet another raise to $24, while Keefe Bruyette analysts kept a Outperform rating on HIPO stock.
The Average True Range (ATR) for Hippo Holdings Inc is set at 1.77, with the Price to Sales ratio for HIPO stock in the period of the last 12 months amounting to 2.40. The Price to Book ratio for the last quarter was 2.54. Price to Free Cash Flow for HIPO in the course of the last twelve months was 167.02.
How has HIPO stock performed recently?
Hippo Holdings Inc [HIPO] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 14.43. With this latest performance, HIPO shares gained by 73.85% in over the last four-week period, additionally plugging by 81.92% over the last 6 months – not to mention a rise of 277.84% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for HIPO stock in for the last two-week period is set at 73.51, with the RSI for the last a single of trading hit 73.93, and the three-weeks RSI is set at 72.13 for Hippo Holdings Inc [HIPO]. The present Moving Average for the last 50 days of trading for this stock 21.84, while it was recorded at 32.91 for the last single week of trading, and 18.89 for the last 200 days.
Hippo Holdings Inc [HIPO]: Deeper insight into the fundamentals
Hippo Holdings Inc’s liquidity data is similarly interesting compelling, with a Current Ratio set at 1.40.
Insider trade positions for Hippo Holdings Inc [HIPO]
There are presently around $43.63%, or 57.13%% of HIPO stock, in the hands of institutional investors.
