Taking this into account, Evercore ISI upgraded its Hawaiian Electric Industries, Inc [HE] rating to an Outperform from a an In-line in a research note published on March 07, 2025; the price target was increased to $14 from $12. A number of analysts have revised their coverage, including Barclays’s analysts, who began to cover the stock in early February with a ‘”an Equal weight”‘ rating. Jefferies began covering HE with “Hold” recommendation on December 03, 2024. Wells Fargo revised its rating on August 23, 2024. It rated HE as “an Equal weight” which previously was an “an Underweight”.
Price Performance Review of HE
On Monday, Hawaiian Electric Industries, Inc [NYSE:HE] saw its stock fall -1.91% to $10.25. Over the last five days, the stock has gained 6.00%. Hawaiian Electric Industries, Inc shares have risen nearly 5.34% since the year began. Nevertheless, the stocks have risen 4.91% over the past one year. While a 52-week high of $18.19 was reached on 03/07/25, a 52-week low of $7.61 was recorded on 01/14/25. SMA at 50 days reached $10.61, while 200 days put it at $10.86.
Levels Of Support And Resistance For HE Stock
The 24-hour chart illustrates a support level at 10.09, which if violated will result in even more drops to 9.94. On the upside, there is a resistance level at 10.45. A further resistance level may holdings at 10.66. The Relative Strength Index (RSI) on the 14-day chart is 48.04, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.23, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 41.83%. Stochastics %K at 64.37% indicates the stock is a holding.
How much short interest is there in Hawaiian Electric Industries, Inc?
A steep rise in short interest was recorded in Hawaiian Electric Industries, Inc stocks on 2025-03-31, growing by 2.47 million shares to a total of 17.96 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 15.49 million shares. There was a rise of 13.78%, which implies that there is a positive sentiment for the stock.
