HashiCorp (NYSE:HCP) Shares Up 0.9%

HashiCorp, Inc. (NYSE:HCPGet Free Report)’s share price was up 0.9% during mid-day trading on Monday . The stock traded as high as $29.47 and last traded at $29.42. Approximately 1,198,335 shares changed hands during trading, a decline of 32% from the average daily volume of 1,766,596 shares. The stock had previously closed at $29.17.

Analyst Ratings Changes

Separately, StockNews.com assumed coverage on shares of HashiCorp in a research note on Thursday, May 18th. They issued a “sell” rating for the company.

Read Our Latest Stock Report on HCP

HashiCorp Stock Up 0.9 %

The company’s 50 day simple moving average is $28.06. The company has a market capitalization of $5.65 billion, a P/E ratio of -22.29 and a beta of 1.13.

HashiCorp (NYSE:HCPGet Free Report) last announced its earnings results on Wednesday, June 7th. The company reported ($0.28) earnings per share for the quarter, beating the consensus estimate of ($0.37) by $0.09. The business had revenue of $137.98 million for the quarter, compared to analyst estimates of $133.11 million.

HashiCorp Company Profile

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HashiCorp, Inc provides multi-cloud infrastructure automation solutions worldwide. The company offers Terraform, an infrastructure provisioning product that applies an Infrastructure-as-Code approach, where processes and configuration required to support applications are codified and automated instead of being manual and ticket-based; and Vault, a secrets management and data protection product, which enables security teams to apply policies based on application and user identity to govern access to credentials and secure sensitive data.

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