Long-Term Investment or Short-Term? HP Inc. (NYSE:HPQ)

HP Inc. (NYSE:HPQ), ended its previous trading session at $19.63 showing a loss of -0.199999999999999 or -1.01 percent with respect to the price of $19.83 when stock market opened. The company traded 16.14 Million shares over the course of the trading day. Giving the average volume of 14.42 Million over the course of 3 consecutive months. Which signifies a pretty good change over the time with its shares outstanding of 1.5 Billion.

HP Inc. (NYSE:HPQ) is currently trading lower than its price target which is set to $20.52 by the analyst. The stock is -18.78% Below its 1-Year High which is $24.17. HPQ has a difference of 23.23% from its 1 year low which stands at $15.93. The company is currently rated by analyst who are keeping a close eye on the stock as 2.9. Where 1 means Buy, 2.5 meaning Hold and 5 as Sell.

HP Inc. (NYSE:HPQ) Performance Snapshot

The stock performed exceptionally bad in the previous week which depicts an decrease of -2.58 percent in the shares price. The company added about 10.4% in its share price over 1-Month. While taking about the performance of the stock over 1-year interval is -14.65 Percent. HPQ currently shows -4.06% as its year to date performance.

HP Inc. (NYSE:HPQ) Price Insight

The stock needs to grow about $0.890000000000001 to reach its price target. In order to seek the stock’s directional movements, 20-Days, 50 Days and 200-Days moving averages are -0.16%, 7.15% and 0.65 percent respectively. The stock trades about 1.16 percent of its Float giving its total shares Outstanding are 1.5 Billion. HPQ gained about 0.36 percent in 6 months showing its Average True Range of 0.49. The company currently has a RSI and Beta of 57.49 and 1.44.

While talking about HP Inc. (NYSE:HPQ) valuation ratios, the stock trades with a P/S and P/B of 0.5 and 0 which is significantly better and attractive as compared to its peers.