Currently, there are 161.39M common shares owned by the public and among those 153.27M shares have been available to trade.
The company’s stock has a 5-day price change of -0.23% and 0.21% over the past three months. HCP shares are trading -0.29% year to date (YTD), with the 12-month market performance up to 40.60% higher. It has a 12-month low price of $21.50 and touched a high of $34.47 over the same period. HCP has an average intraday trading volume of 2.35 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -0.35%, 0.08%, and 1.10% respectively.
Institutional ownership of HashiCorp Inc (NASDAQ: HCP) shares accounts for 61.48% of the company’s 161.39M shares outstanding.
It has a market capitalization of $6.97B and a beta (3y monthly) value of 1.18. The earnings-per-share (ttm) stands at -$0.61. Price movements for the stock have been influenced by the stock’s volatility, which stands at 0.73% over the week and 0.45% over the month.
Earnings per share for the fiscal year are expected to increase by 537.12%, and 36.52% over the next financial year.
Looking at the support for the HCP, a number of firms have released research notes about the stock. Citigroup stated their Neutral rating for the stock in a research note on September 03, 2024, with the firm’s price target at $35. KeyBanc Capital Markets was of a view on March 19, 2024 that the stock is Sector Weight, while Scotiabank gave the stock Sector Outperform rating on March 12, 2024, issuing a price target of $31. Morgan Stanley on their part issued Overweight rating on February 26, 2024.
