Home Depot, Inc (NYSE:HD) shares, rose in value, with the stock price down by -0.02% to the previous day’s close as strong demand from buyers drove the stock to $368.00.
Actively observing the price movement in the recent trading, the stock is buoying the session at $368.06. The PE ratio was 24.97 over 12-month period. Referring to stock’s 52-week performance, its high was $439.37, and the low was $323.77. On the whole, HD has fluctuated by 2.51% over the past month.
With the market capitalization of Home Depot, Inc currently standing at about $365.77 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 9.05, with its dividend yield at 2.46%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that HD’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 4.90, with the price of HD currently trading nearly -0.26% and 1.86% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 50.79, while the 7-day volatility ratio is showing 1.55% which for the 30-day chart, stands at 1.33%. Furthermore, Home Depot, Inc (HD)’s beta value is 1.02, and its average true range (ATR) is 7.44.
A comparison of Home Depot, Inc (HD) with its peers suggests the former has fared considerably weaker in the market. HD showed an intraday change of -0.02% in today’s session so far, and over the past year, it grew by 13.20%%.
Data on historical trading for Home Depot, Inc (NYSE:HD) indicates that the trading volumes over the past 3 months, they’ve averaged 3.75 million. According to company’s latest data on outstanding shares, there are 995.00 million shares outstanding.
Nearly 0.07% of Home Depot, Inc’s shares belong to company insiders and institutional investors own 72.52% of the company’s shares. The stock has fallen by -5.40% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the HD stock heading into the next quarter.
