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Friday, September 29, 2023

Investing In Hempacco Co. Inc. (NASDAQ: HPCO): Why Should You?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Hempacco Co. Inc. (HPCO) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.0025, or 0.73%, to $0.3451. The Hempacco Co. Inc. has recorded 5,521 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed Hempacco Receives $1M Purchase Orders for ‘Dogg lbs’ Gummies.

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Stocks Info

The company is listed on the NASDAQ and operates within the Tobacco industry segment. At the end of the last regular session, the stock closed at $0.34 and fluctuated between $0.4100 as its day high and $0.3400 as its day low. The current market capitalization of Hempacco Co. Inc. is $9.73M. A total of 0.97 million shares were traded on the day, compared to an average of 245.04K shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, HPCO has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 8 BUYs and 0 SELLs from insiders. Insiders purchased 286,127 shares during that period but sold 0.

In the most recent transaction, Titus Stuart W bought 10,000 shares of HPCO for 0.57 per share on May 19. After the transaction, the Director now owns 386,127 company shares. In a previous transaction on May 17, Titus Stuart W bought 10,000 shares at 0.58 per share. HPCO shares that Director owns now total 376,127.

Among the insiders who bought shares, Titus Stuart W acquired of 10,000 shares on May 12 at a per-share price of $0.57. This resulted in the Director holding 366,127 shares of HPCO after the transaction. In another insider transaction, Titus Stuart W bought 20,000 shares at $0.61 per share on May 11. Company shares held by the Director now total 356,127.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, HPCO has a high of $11.49 and a low of $0.28.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. HPCO’s latest balance sheet shows that the firm has $933.47k in Cash & Short Term Investments as of fiscal 2021. There were $2.30M in debt and $4.17M in liabilities at the time. Its Book Value Per Share was $0.38, while its Total Shareholder’s Equity was $2.87M.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock.

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