Huntington Ingalls Industries Inc (NYSE:HII) shares, rose in value on Friday, May 30, with the stock price down by -0.28% to the previous day’s close as strong demand from buyers drove the stock to $223.06.
Actively observing the price movement in the last trading, the stock closed the session at $223.68. The PE ratio was 16.08 over 12-month period. Referring to stock’s 52-week performance, its high was $285.81, and the low was $158.88. On the whole, HII has fluctuated by -3.16% over the past month.
With the market capitalization of Huntington Ingalls Industries Inc currently standing at about $8.75 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 5.35, with its dividend yield at 2.40%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that HII’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the PEG ratio is about 1.42, with the price of HII currently trading nearly -2.12% and 2.71% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 48.79, while the 7-day volatility ratio is showing 1.08% which for the 30-day chart, stands at 1.16%. Furthermore, Huntington Ingalls Industries Inc (HII)’s beta value is 0.28, and its average true range (ATR) is 5.33.
A comparison of Huntington Ingalls Industries Inc (HII) with its peers suggests the former has fared considerably weaker in the market. HII showed an intraday change of -0.28% in last session, and over the past year, it shrunk by -11.75%%.
Data on historical trading for Huntington Ingalls Industries Inc (NYSE:HII) indicates that the trading volumes over the past 3 months, they’ve averaged 715.24K. According to company’s latest data on outstanding shares, there are 39.24 million shares outstanding.
Nearly 0.87% of Huntington Ingalls Industries Inc’s shares belong to company insiders and institutional investors own 95.94% of the company’s shares. The stock has risen by 18.04% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the HII stock heading into the next quarter.
