Why Is Hawaiian Electric Industries, Inc. (NYSE: HE) Stock Down Today?

Hawaiian Electric Industries, Inc. (NYSE: HE) Summary

Hawaiian Electric Industries, Inc. (NYSE: HE) is trading up +1.91% at $8.55, reflecting a positive shift in investor sentiment today. The stock opened at $8.51 and has moved between $8.35 and $8.55 so far.

Trading volume is 4617855, which is 63% above its average, and the price action suggests buying interest.

Technically, HE on the NYSE is trading below its 50-day moving average of $9.73 and below its 200-day moving average of $13.19, indicating short-term and long-term weakness.

Analyst sentiment is bearish. Meyka's AI assigns HE a grade of C (Overall fair), reflecting its assessment of fundamentals and sentiment. Forecast models project potential returns of -3.04% in 1 month ($8.29), +57.36% in 1 year ($13.45), and +113.84% in 5 years ($18.28).

See full chart, check forecasting details, or see the AI grade breakdown to explore what's driving this stock's movement on the NYSE.
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