HP Inc. s in-depth stock price analysis indicates that the stock price has dropped -0.95% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 9.24% . Looking at the past 52 week period, the stock price is up at 66.88% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of HP Inc. has a positive value of 20.46 compared to overall market. HP Inc. (NYSE:HPQ) has climbed 2.95% in the past week and advanced 6.43% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 2.12% and the outperformance has advanced to 4.53% for the last 4 weeks period.
HP Inc. (NYSE:HPQ) : On Friday heightened volatility was witnessed in HP Inc. (NYSE:HPQ) which led to swings in the share price. The stock opened for trading at $15.65 and hit $15.74 on the upside , eventually ending the session at $15.72, with a gain of 0.51% or 0.08 points. The heightened volatility saw the trading volume jump to 10,006,365 shares. The 52-week high of the share price is $16.25 and the company has a market cap of $26,810 million. The 52-week low of the share price is at $8.91 .
HP Inc Last issued its quarterly earnings results on Nov 22, 2016. The company reported $0.36 EPS for the quarter. Analyst had a consensus estimate of $0.36. The company had revenue of $12512.00 million for the quarter, compared to analysts expectations of $11879.98 million. The companys revenue was up 5.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.93 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.HP Inc was Initiated by Guggenheim to Neutral on Jan 4, 2017. HP Inc was Downgraded by Jefferies to Hold on Nov 23, 2016.
Company has reported several Insider transactions to the SEC, on Dec 15, 2016, Kim M Rivera (Chief Legal Officer, GC & Sec) sold 14,220 shares at 15.85 per share price.On Dec 8, 2016, Ron Coughlin (President, Personal Systems) sold 113,503 shares at 15.78 per share price.On Sep 23, 2016, Tracy S Keogh (Chief HR Officer) sold 100,000 shares at 15.00 per share price.
HP Inc. is the surviving entity following the November 2015 split of Hewlett-Packard Company into publicly traded entities – Hewlett Packard Enterprise Company and HP Inc. The companys focus will be on the PC and printing products and services. HP Inc. is headquartered in Palo Alto, California.