Among the biggest risers on the S&P 500 on Friday February 12 was Hewlett Packard Enterprise Company ($HPE), popping some 1.34% to a price of $14.38 a share with
some 7.38 million shares trading hands.
Starting the day trading at $14.22, Hewlett Packard Enterprise Company reached an intraday high of $14.40 and hit intraday lows of $14.12. Shares gained $0.19 apiece by day’s end. Over the last 90
days, the stock’s average daily volume has been n/a of its 1.29 billion share total float. Today’s action puts the stock’s 50-day SMA at $n/a and 200-day
SMA at $n/a with a 52-week range of $7.43 to $15.19.
Hewlett Packard Enterprise is a supplier of IT infrastructure products and services. The company operates as three major segments. Its hybrid IT division primarily sells computer servers, storage arrays, and Pointnext technical services. The intelligent edge group sells Aruba networking products and services. HPE’s financial services division offers financing and leasing plans for customers. The Palo Alto, California-based company sells on a global scale and has approximately 66,000 employees.
Hewlett Packard Enterprise Company has its corporate headquarters located in Houston, TX and employs 59,400 people. Its market cap has now risen to $18.6 billion after today’s trading, its P/E
ratio is now n/a, its P/S n/a, P/B 1.16, and P/FCF n/a.
You can find a complete fundamental analysis of this stock at our For a complete fundamental analysis analysis of Hewlett Packard Enterprise Company, check out Stock Valuation Analysis tool for HPE.
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The Dow Jones Industrial Average (DJIA) is the most visible stock index in the United States, but that doesn’t make it the best. In fact, the industry standard for market watchers and institutional
investors in gauging portfolio performance is the S&P 500.
The DJIA relies on just 30 stocks as a sample of large- and mega-cap firms, dwarfed by the 500 contained in the S&P 500, and it also weights its returns using an outdated and flawed price-weighting
method. The S&P 500’s weighting is based on market cap, making it a much better representation of actual market performance for large- and mega-cap stocks.
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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