Honda Motor ADR (NYSE: HMC): Is Its Value Too High Compared To Others?

Honda Motor ADR (NYSE:HMC) shares, rose in value on Friday, January 24, with the stock price up by 0.21% to the previous day’s close as strong demand from buyers drove the stock to $28.66.

Actively observing the price movement in the last trading, the stock closed the session at $28.60, falling within a range of $28.48 and $28.745. The value of beta (5-year monthly) was 0.49 whereas the PE ratio was 7.07 over 12-month period. Referring to stock’s 52-week performance, its high was $37.90, and the low was $23.41. On the whole, HMC has fluctuated by 19.97% over the past month.

With the market capitalization of Honda Motor ADR currently standing at about $44.73 billion, investors are eagerly awaiting this quarter’s results, scheduled for in February. The company’s Forward Dividend Ratio is 1.42, with its dividend yield at 4.96%.

Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that HMC’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.

The stock’s technical analysis shows that the PEG ratio is about 2.62, with the price of HMC currently trading nearly 0.04% and 6.28% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 56.15, while the 7-day volatility ratio is showing 0.86% which for the 30-day chart, stands at 1.46%. Furthermore, Honda Motor ADR (HMC)’s beta value is 0.59, and its average true range (ATR) is 0.56.

A comparison of Honda Motor ADR (HMC) with its peers suggests the former has fared considerably weaker in the market. HMC showed an intraday change of 0.21% in last session, and over the past year, it shrunk by -11.49%%.

Data on historical trading for Honda Motor ADR (NYSE:HMC) indicates that the trading volumes over the past 10 days have averaged 1.05 and over the past 3 months, they’ve averaged 1.52 million. According to company’s latest data on outstanding shares, there are 1.56 billion shares outstanding.

Nearly 0.00% of Honda Motor ADR’s shares belong to company insiders and institutional investors own 21.55% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 3.16 million shares as on 2024-12-31, resulting in a short ratio of 1.47. According to the data, the short interest in Honda Motor ADR (HMC) stood at 20.00 of shares outstanding as of 2024-12-31; the number of short shares registered in 2024-11-29 reached 1.53 million. The stock has risen by 0.39% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the HMC stock heading into the next quarter.

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