HE Equipment Services Inc Shares Close the Week 21.5% Lower - Weekly Wrap
HE Equipment Services Inc (HEES) shares closed this week 21.5% lower than it did at the end of last week. The stock is currently down 35.6% year-to-date, down 14.9% over the past 12 months, and up 75.0% over the past five years. This week, the Dow Jones Industrial Average fell 7.2%, and the SP 500 fell 8.7%. Trading Activity Shares traded as high as $36.38 and as low as $28.03 this week.Shares closed 43.7% below its 52-week high and 1.8% above its 52-week low.Trading volume this week was 46.3% higher than the 10-day average and 101.5% higher than the 30-day average.Beta, a measure of the stock’s volatility relative to the overall market stands at 1.5. Technical Indicators The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed below its Bollinger band, indicating it may be oversold.The stock closed at 7.1% lower than its 5-day moving average, 17.8% lower than its 20-day moving average, and 26.8% lower than its 90-day moving average.
Market Comparative Performance The company#39
HE Equipment Services Inc Shares Close the Week 21.5% Lower - Weekly Wrap
HE Equipment Services Inc (HEES) shares closed this week 21.5% lower than it did at the end of last week. The stock is currently down 35.6% year-to-date, down 14.9% over the past 12 months, and up 75.0% over the past five years. This week, the Dow Jones Industrial Average fell 7.2%, and the SP 500 fell 8.7%. Trading Activity Shares traded as high as $36.38 and as low as $28.03 this week.Shares closed 43.7% below its 52-week high and 1.8% above its 52-week low.Trading volume this week was 46.3% higher than the 10-day average and 101.5% higher than the 30-day average.Beta, a measure of the stock’s volatility relative to the overall market stands at 1.5. Technical Indicators The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed below its Bollinger band, indicating it may be oversold.The stock closed at 7.1% lower than its 5-day moving average, 17.8% lower than its 20-day moving average, and 26.8% lower than its 90-day moving average.
Market Comparative Performance The company#39