Buy, Sell Or Hold HashiCorp Inc (NASDAQ:HCP) At $32.75?

In recent trading session, HashiCorp Inc (NASDAQ:HCP) saw 3.61 million shares changing hands at last check today with its beta currently measuring 1.25. Company’s recent per share price level of $32.75 trading at -$0.07 or -0.21% at last check today assigns it a market valuation of $6.61B. That most recent trading price of HCP’s stock is at a discount of -11.11% from its 52-week high price of $36.39 and is indicating a premium of 42.26% from its 52-week low price of $18.91. Taking a look at company’s average trading volume of 4.19 million if we extend that period to 3-months.

HashiCorp Inc (NASDAQ:HCP) trade information

Upright in the red during last session for losing -0.21%, in the last five days HCP remained trading in the green while hitting it’s week-highest on Thursday, 05/02/24 when the stock touched $32.75 price level, adding 0.21% to its value on the day. HashiCorp Inc’s shares saw a change of 38.54% in year-to-date performance and have moved 0.49% in past 5-day. HashiCorp Inc (NASDAQ:HCP) showed a performance of 27.63% in past 30-days.

HashiCorp Inc (HCP) estimates and forecasts

Statistics highlight that HashiCorp Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company added 67.01% of value to its shares in past 6 months, showing an annual growth rate of 175.00% while that of industry is 21.90. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 10.70% from the last financial year’s standing.

15 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 153.19M for the same. And 15 analysts are in estimates of company making revenue of 156.32M in the next quarter.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -30.02% during past 5 years.

HCP Dividends

HashiCorp Inc is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.