What does Average Directional Index Predict about Helmerich& Payne, Inc. (NYSE:HP)?


Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of Helmerich& Payne, Inc. (NYSE:HP) for the period of 9-Day stands at 90.96% while the stochastic %D for the same period stands at 94.93%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of Helmerich& Payne, Inc. (NYSE:HP) signals “Buy” while other important signals like the 20-Day Moving Average Vs. Price signals “Buy”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Buy” for Helmerich& Payne, Inc. (NYSE:HP) while 20-100 Day MACD Oscillator indicates “Buy”.

Bollinger band is a volatility indicator of a certain security, currently Helmerich& Payne, Inc. (NYSE:HP)’s 20-Day Bollinger Band indicates “Hold”.

About Company

Helmerich& Payne, Inc. is primarily engaged in the exploration, production, and sale of crude oil and natural gas and in contract drilling of oil and gas wells for others. These activities account for the major portion of its operating revenues. The company is also engaged in the ownership, development, and operation of commercial real estate.

Previous Day Activity Analysis

On the last trading day, Helmerich& Payne, Inc. (NYSE:HP) opened the session at $58.85 and after going down -2.32% closed at $58.15. The stock lost -0.7 points in the last trade.

Helmerich& Payne, Inc. (NYSE:HP)’s stock fluctuated in the range of $58.12 and $59.33 during the previous active session. Helmerich& Payne, Inc. (NYSE:HP) traded with the volume of 1.72 Million with average volume of 1.64 Million. The stock has HIGH volatility on the last trading session.

Currently the Beta for the company remains at 1.26 while ATR (Average True Range) and RSI (Relative Strength Index) are at 1.42 and 69.02 respectively.

Currently the Insider Ownership of the shares of Helmerich& Payne, Inc. (NYSE:HP) is at 0.2% and the shares outstanding are 111.16 Million.

Important Ratio Analysis

Some important ratios to consider here for Helmerich& Payne, Inc. (NYSE:HP) are discussed below:

Dividend yield of Helmerich& Payne, Inc. (NYSE:HP) stands at 4.82% whereas Price to Earnings P/E ratio stands at 0 while Forward P/E shows the value of 0.

The Price to Sale P/S and Price to Book P/B shows the value of 4.03 and 1.49 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 10.55 and 0 correspondingly.

The Quick Ratio of Helmerich& Payne, Inc. (NYSE:HP) stands at 3.3 while the Current Ratio depicts the value of 3.7.

Return on Assets ROA of Helmerich& Payne, Inc. (NYSE:HP) is at -2.7% whereas, Return on Equity ROE and Return of Investment ROI of Helmerich& Payne, Inc. (NYSE:HP) stand at -4.1% and -0.1% respectively.

Stock Performance Analysis

The stock performance of Helmerich& Payne, Inc. (NYSE:HP) on the basis of 5 day trade show the jump of 5.9% whereas, the monthly performance of the stock shows increase of 13.95%.

The quarterly performance of the stock remained in green zone with the value of 26.17% while six month performance of the shares of Helmerich& Payne, Inc. (NYSE:HP) remained bearish with the count of -0.68%.

The yearly and YTD performance of Helmerich& Payne, Inc. (NYSE:HP) remained down at -8.7% and -24.87% respectively.