HashiCorp Inc (NASDAQ: HCP) is 23.31% higher on its value in year-to-date trading and has touched a low of $18.91 and a high of $36.39 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The HCP stock was last observed hovering at around $24.55 in the last trading session, with the day’s gains setting it 4.6%.
Currently trading at $29.15, the stock is 14.42% and 14.53% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 16.49 million and changing 18.74% at the moment leaves the stock 19.52% off its SMA200. HCP registered 1.43% gain for a year compared to 6-month gain of 44.09%.
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The stock witnessed a 7.52% loss in the last 1 month and extending the period to 3 months gives it a 31.01%, and is 23.20% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 8.50% over the week and 4.37% over the month.
HashiCorp Inc (HCP) has around 2200 employees, a market worth around $5.84B and $583.14M in sales. Fwd P/E is 109.36. Profit margin for the company is -32.70%. Distance from 52-week low is 54.15% and -19.90% from its 52-week high. The company has generated returns on investments over the last 12 months (-15.59%).
The EPS is expected to grow by 182.73% this year.
HashiCorp Inc (HCP) Top Institutional Holders
The shares outstanding are 125.33M, and float is at 113.24M with Short Float at 6.09%.
HashiCorp Inc (HCP) Insider Activity
The most recent transaction is an insider sale by Holmes Marc,the company’sCHIEF MARKETING OFFICER. SEC filings show that Holmes Marc sold 13,916 shares of the company’s common stock on Apr 10 ’24 at a price of $26.30 per share for a total of $0.37 million. Following the sale, the insider now owns 0.0 shares.
HashiCorp Inc disclosed in a document filed with the SEC on Apr 02 ’24 that Dadgar Armon (CHIEF TECHNOLOGY OFFICER) sold a total of 35,904 shares of the company’s common stock. The trade occurred on Apr 02 ’24 and was made at $25.69 per share for $0.92 million. Following the transaction, the insider now directly holds 1.66 million shares of the HCP stock.
Still, SEC filings show that on Mar 22 ’24, Dadgar Armon (CHIEF TECHNOLOGY OFFICER) disposed off 35,904 shares at an average price of $27.09 for $0.97 million. The insider now directly holds 1,697,068 shares of HashiCorp Inc (HCP).
