Hannon Armstrong Sustainable Infrastructure Capital Inc. (NYSE:HASI) went down by -0.77% during the previous trading session, and it is maintaining the win ahead of Wednesday’s trading session. The share price of the REIT – Specialty giant went up by $28.24 to trade ended Wednesday trading at $28.46. This is down from the $28.46 price recorded on Tuesday’s trading session. Its performance from the start of the year has also been negative, with HASI down by -12.24% year-to-date.
Hannon Armstrong Sustainable Infrastructure Capital Inc. (HASI) started the day trading at $28.27 and recorded an intraday high of $28.68. It also recorded an intraday low of $27.88 during Wednesday’s trading session. Hannon Armstrong Sustainable Infrastructure Capital Inc. is a very active stock that recorded a trading volume that is less than -82.51% of the average daily trading volume on Wednesday. The stock’s trading volume on Wednesday was 502002, which is less than -82.51 of the total average daily trading volume of 916.22K.
Hannon Armstrong Sustainable Infrastructure Capital Inc. (NYSE:HASI) 2020 Performance Impressive
The increase in HASI’s stock price on Wednesday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of HASI currently stands at $39.91, which is higher than the current trading price of the stock by 29.24%. However, HASI’s current trading price is -88.14% lower than the 52-week low price of $15.01. In terms of trading volume, Hannon Armstrong Sustainable Infrastructure Capital Inc. currently experienced healthy participation during the last trading session. 502002 shares of Hannon Armstrong Sustainable Infrastructure Capital Inc. were traded on the stock exchange on Wednesday, which is less than -82.51% of the 916.22K average trading volume of the stock.
The performance of the stock has been positive over the past year. HASI’s performance over the past one year has seen it surge by 0.50%, while the stock has gone down by -12.24% in the last six months. The quarterly performance of HASI currently stands at 58.12%, and it is down by -2.62% in the last month. The only positive figure was from the weekly performance, which currently reads 2.39%. At the time of writing HASI’s report, the company has a total market cap of $2.17B, making it one of the largest publicly-traded companies in the world.Hannon Armstrong Sustainable Infrastructure Capital Inc. also has over 60 employees all over the world.
HASI Insider Activities
For Hannon Armstrong Sustainable Infrastructure Capital Inc., insiders hold 84.30% of all company shares. The insider transactions over the past six months are up by 4.80%. During that period, insiders bought 328,474 shares in 15 transactions. In that same period, insiders sold 657,474 of their shares in 19 transactions. After these transactions, insiders at Hannon Armstrong Sustainable Infrastructure Capital Inc. now hold 1.64M shares, which is over 77.60% of the total company stocks. Institutional investors currently hold a large chunk of the HASI shares, as they control 2.25% of the company’s total stock.
HASI Fundamental Analysis
For Hannon Armstrong Sustainable Infrastructure Capital Inc., the stock’s diluted earnings per share (EPS) stands at 1.34. In the coming year, analysts expect the EPS to be 1.52. The EPS growth will up over the next five years to 3.00% after surging by 23.80% in the previous five years. In terms of revenue, Hannon Armstrong Sustainable Infrastructure Capital Inc.’s quarterly sales (YOY) is growing at 0.32, which is lower than the average annual revenue of 23.80% over the past half a decade.
The Return on Investment (ROI) on Hannon Armstrong Sustainable Infrastructure Capital Inc.’s stock currently stands at 3.50%. The gross margin of the company is 55.20%.
HASI Analysts Prediction
B. Riley FBR Inc. and BofA/Merrill also believe that Hannon Armstrong Sustainable Infrastructure Capital Inc.’s stock is outperforming at the moment. HASI received a positive rating from B. Riley FBR Inc., which set a price target of $27-$26 for the stock.
At the moment, Hannon Armstrong Sustainable Infrastructure Capital Inc.’s Total Debt to Equity ratio stands at 1.39, and they have a long-term Debt to Equity ratio of 1.39.
HASI Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of HASI currently stands at -2.59%, while the SMA50 is -1.20%. The biggest one is the SMA200, which is currently reading -4.26% ahead of Wednesday’s trading session. The Relative Strength Index of this stock is 48.18, while its price to earnings ratio (P/E) is 21.15.
