Hawaiian Electric's (HE, Financial) stock experienced significant volatility, with a sharp increase of 5.03%. The stock is currently priced at $9.81 per share, with a trading volume of 1.1274 million shares and a turnover rate of 0.65%. The stock's amplitude reached 4.44%.
Recent financial reports reveal that Hawaiian Electric generated revenues of $938 million, but faced a net loss of $104 million, translating to an earnings per share (EPS) of -$0.91. The company's gross profit stood at -$127 million, with a price-to-earnings (P/E) ratio of -0.83.
Institutional ratings show that all five participating agencies recommend holding the stock, with no suggestions to buy or sell. Within the energy and power industry, where Hawaiian Electric operates, the overall growth was 0.15%. Notably, Hawaiian Electric, Suburban Propane Partners, L.P., and Centuri Holdings, Inc. saw substantial gains. Meanwhile, Oklo Inc., Edison International, and New Fortress Energy Inc. were highly active, with turnover rates of 10.47%, 0.79%, and 0.77%, respectively. Stocks with notable amplitude include New Fortress Energy Inc. at 6.12%, Central Puerto Sa Ads Each Repr 10 Ord Shs at 6.10%, and Oklo Inc. at 5.68%.
Hawaiian Electric Industries is the parent company of three regulated utility companies in Hawaii and holds a 10% minority interest in American Savings Bank in Hawaii. These utilities provide electricity services across Oahu, Hawaii Island, Maui, Molokai, and Lanai.
