KD Logo

Healthequity Inc (HQY) rating initates by Mizuho

Healthequity Inc’s recently made public that its Officer Elimelech Rosner acquired Company’s shares for reported $0.17 million on Jan 07 ’25. In the deal valued at $97.54 per share,1,707 shares were bought.

Then, Stephen Neeleman bought 570 shares, generating $55,600 in total proceeds.

Before that, James M. Lucania bought 1,848 shares. Healthequity Inc shares valued at $180,262 were divested by the Officer at a price of $97.54 per share.

Mizuho initiated its Healthequity Inc [HQY] rating to an Outperform in a research note published on December 04, 2024; the price target was $126. A number of analysts have revised their coverage, including Goldman’s analysts, who began to cover the stock in mid November with a ‘”a Neutral”‘ rating. JMP Securities began covering HQY with “Mkt outperform” recommendation on April 04, 2024. JP Morgan maintained its rating on April 02, 2024. It rated HQY as “an Overweight”.

Price Performance Review of HQY

On Tuesday, Healthequity Inc [NASDAQ:HQY] saw its stock jump 2.27% to $104.74. Over the last five days, the stock has gained 2.87%. Healthequity Inc shares have risen nearly 9.16% since the year began. Nevertheless, the stocks have risen 40.80% over the past one year. While a 52-week high of $105.82 was reached on 01/21/25, a 52-week low of $65.01 was recorded on 01/02/25. SMA at 50 days reached $99.00, while 200 days put it at $84.76.

Levels Of Support And Resistance For HQY Stock

The 24-hour chart illustrates a support level at 102.83, which if violated will result in even more drops to 100.91. On the upside, there is a resistance level at 105.83. A further resistance level may holdings at 106.91. The Relative Strength Index (RSI) on the 14-day chart is 65.56, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.68, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 2.63%. Stochastics %K at 85.39% indicates the stock is a selling.

How much short interest is there in Healthequity Inc?

A steep rise in short interest was recorded in Healthequity Inc stocks on 2024-11-15, dropping by -0.14 million shares to a total of 4.27 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 4.41 million shares. There was a decline of -3.28%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on January 03, 2024 when Barclays began covering the stock and recommended ‘”an Overweight”‘ rating along with a $84 price target.

Most Popular