HashiCorp Inc [NASDAQ: HCP] jumped around 0.01 points on Wednesday, while shares priced at $34.33 at the close of the session, up 0.03%.
Compared to the average trading volume of 1.92M shares, HCP reached a trading volume of 4553255 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about HashiCorp Inc [HCP]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for HCP shares is $35.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on HCP stock is a recommendation set at 3.14. 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.
Citigroup have made an estimate for HashiCorp Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on September 03, 2024. The new note on the price target was released on April 24, 2024, representing the official price target for HashiCorp Inc stock.
The Average True Range (ATR) for HashiCorp Inc is set at 0.17, with the Price to Sales ratio for HCP stock in the period of the last 12 months amounting to 10.72. The Price to Book ratio for the last quarter was 5.58, with the Price to Cash per share for the same quarter was set at 6.59. Price to Free Cash Flow for HCP in the course of the last twelve months was 122.70 with Quick ratio for the last quarter at 3.66.
How has HCP stock performed recently?
HashiCorp Inc [HCP] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.35. With this latest performance, HCP shares gained by 1.63% in over the last four-week period, additionally plugging by 2.91% over the last 6 months – not to mention a rise of 53.12% 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 HCP stock in for the last two-week period is set at 64.32, with the RSI for the last a single of trading hit 66.08, and the three-weeks RSI is set at 62.01 for HashiCorp Inc [HCP]. The present Moving Average for the last 50 days of trading for this stock 33.93, while it was recorded at 34.29 for the last single week of trading, and 32.82 for the last 200 days.
HashiCorp Inc [HCP]: Deeper insight into the fundamentals
HashiCorp Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 3.66 and a Current Ratio set at 3.66.
Insider trade positions for HashiCorp Inc [HCP]
There are presently around $81.85%, or 85.34%% of HCP stock, in the hands of institutional investors. The top three institutional holders of HCP stocks are: VANGUARD GROUP INC with ownership of 15.01 million shares, which is approximately 7.5036%. BLACKROCK INC., holding 6.23 million shares of the stock with an approximate value of $$209.87 million in HCP stocks shares; and BLACKROCK INC., currently with $$140.79 million in HCP stock with ownership which is approximately 2.0887%.
