Haemonetics Corporation (NYSE:HAE) Relative Strength Index (RSI) is 22.33, with weekly volatility at 5.71% and ATR at 4.32. The HAE stock’s 52-week price range has touched low of $49.26 and a $142.11 high. Intraday shares traded counted 2.09 million, which was -150.43% lower than its 30-day average trading volume of 834.66K. Its shares traded higher over the last trading session, gaining 8.09% on 05/14/21. The shares fell to a low of $52.81 before closing at $56.00. HAE’s previous close was $51.81 while the outstanding shares total 50.79M. The firm has a beta of 0.40, a 12-month trailing P/E ratio of 36.13, and a growth ratio of 3.61.
Investors have identified the Medical Instruments & Supplies company Haemonetics Corporation as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $2.63 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Haemonetics Corporation (HAE) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. In terms of their assets, the company currently has 668.35 million total, with 194.38 million as their total liabilities.
Having a look at the company’s valuation, the company is expected to record 3.91 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on HAE sounds very interesting.
Is the stock of HAE attractive?
In related news, EVP, Chief Technology Officer, Lingamneni Anila sold 170 shares of the company’s stock in a transaction that recorded on Apr 16. The sale was performed at an average price of 119.44, for a total value of 20,305. As the sale deal closes, the SVP, Global Human Resources, Scanlan Jacqueline now sold 107 shares of the company’s stock, valued at 12,847. Also, EVP and General Counsel, Basil Michelle L sold 385 shares of the company’s stock in a deal that was recorded on Mar 08. The shares were price at an average price of 120.07 per share, with a total market value of 46,227. Following this completion of acquisition, the Director, MEELIA RICHARD J now holds 10,353 shares of the company’s stock, valued at 1,393,928. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.50%.