In yesterday’s Wall Street session, HashiCorp Inc (NASDAQ:HCP) shares traded at $31.41, up 7.75% from the previous session.
HCP stock price is now 22.99% away from the 50-day moving average and 28.69% away from the 200-day moving average. The market capitalization of the company currently stands at $6.29B.
, while ‘Scotiabank’ rates the stock as ‘Sector Outperform’
In other news, Welihinda Navam, CHIEF FINANCIAL OFFICER sold 3,000 shares of the company’s stock on Apr 23 ’24. The stock was sold for $83,520 at an average price of $27.84. Upon completion of the transaction, the CHIEF FINANCIAL OFFICER now directly owns 93,925 shares in the company, valued at $2.95 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 22 ’24, CHIEF TECHNOLOGY OFFICER Dadgar Armon sold 35,904 shares of the business’s stock. A total of $872,844 was realized by selling the stock at an average price of $24.31. This leaves the insider owning 1,625,260 shares of the company worth $51.05 million. A total of 43.48% of the company’s stock is owned by insiders.
During the past 12 months, HashiCorp Inc has had a low of $18.91 and a high of $36.39. As of last week, the company has a debt-to-equity ratio of 0.01, a current ratio of 3.38, and a quick ratio of 3.38.
According to the Software – Infrastructure Company, earnings per share came in at -0.07, beating analysts’ expectations of -0.14 by 0.07. This compares to -$0.26 EPS in the same period last year. The net profit margin was -32.70% and return on equity was -15.77% for HCP. The company reported revenue of $155.78 million for the quarter, compared to $135.79 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 14.73 percent. For the current quarter, analysts expect HCP to generate $153.15M in revenue.
