Analysis Of The Weekly Performance Of Haleon plc (HLN)

0
94

Haleon plc (NYSE:HLN) finished Thursday with an addition of $0.15 to close at $8.06, an upside of 1.90 percent. An average of 5,220,440 shares of common stock have been traded in the last five days. There was a gain of $0.28 in the past week. The last 20 days have seen an average of 9,756,345 shares traded, while the 50-day average volume stands at 7,731,528.

HLN stock has increased by 19.23% in the last month. The company shares reached their 1-month lowest point of $6.67 on 11/30/22. Shares of the company touched a low of $5.59 and a high of $8.50 in 52 weeks. In spite of this, the price is down -5.18% from the 52-week high.

Top 5 Undervalued Stocks To Own In 2023

Microchip Maker Releases "World's Most Powerful Data Center CPU". It could allow the company who manufactures it to lead the industry as the global microchip shortage continues into the coming year. We've put together a free research report that explains all the details. Not only will you find out why analysts believe this chip manufacturer could lead the pack, you will also discover four more potential winners for the coming year.

Click here to download your Free Research Report…

Sponsored

Valuation Metrics

Haleon plc (HLN) has a trailing price-to-earnings (P/E) ratio of 20.61. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 3.06, the price-to-book (PB) ratio at 1.38.

Financial Health

The quick ratio of Haleon plc for the recent quarter was 2.80, and the current ratio was 3.00, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.35 and a total debt to equity ratio of 0.41 for the recent quarter.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Haleon plc (HLN) price momentum. RSI 9-day as of the close on 29 December was 71.12%, suggesting the stock is Overbought, with historical volatility in this time frame at 18.85%.

As of today, HLN’s price is $7.96 +3.60% or $0.28 from its 5-day moving average. HLN is currently trading +16.98% higher than its 20-day SMA and +7.61% higher than its 100-day SMA. However, the stock’s current price level is +32.35% above the SMA50.

The stochastic %K and %D were 82.12% and 83.86%, respectively, and the average true range (ATR) was 0.18. With the 14-day stochastic at 94.02% and the average true range at 0.19, the RSI (14) stands at 69.97%. The stock has reached 0.14 on the 9-day MACD Oscillator while the 14-day reading was at 0.16.

Analyst Ratings

Barclays upgraded Haleon plc (NYSE: HLN) to a an Overweight rating in its most recent analyst report. Previously, the stock was rated as an Equal weight. The consensus rating for Haleon plc (HLN) among analysts is Overweight. According to current brokerage recommendations, 1 brokerage firm advise that investors sell HLN, while 6 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 1 analysts, while 7 others rate it as a “buy”.

What is HLN’s price target for the next 12 months?

Analysts predict a range of price targets between $2.50 and $4.10, with a median target of $3.35. Taking a look at these predictions, the average price target given by analysts for Haleon plc (HLN) stock is $3.26.

LEAVE A REPLY

Please enter your comment!
Please enter your name here