H&E Equipment Services (HEES) : During the past 4 weeks, traders have been relatively bearish on H&E Equipment Services (HEES), hence the stock is down -9.07% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -4.17% relative to the S&P 500. The 4-week change in the price of the stock is -6.81% and the stock has fallen -3.76% in the past 1 week.
H&E Equipment Services (NASDAQ:HEES): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $17.72 and $17.65 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $18.01. The buying momentum continued till the end and the stock did not give up its gains. It closed at $17.92, notching a gain of 1.99% for the day. The total traded volume was 164,276 . The stock had closed at $17.57 on the previous day.
The stock has recorded a 20-day Moving Average of 4.55% and the 50-Day Moving Average is 5.83%. H&E Equipment Services Inc. has dropped 5.77% during the last 3-month period . Year-to-Date the stock performance stands at 6.32%.
H&E Equipment Services (HEES) : The most positive equity analysts on H&E Equipment Services (HEES) expects the shares to touch $20, whereas, the least positive believes that the stock will trade at $15 in the short term. The company is covered by 2 Wall Street Brokerage Firms. The average price target for shares are $17.5 with an expected fluctuation of $3.54 from the mean.
H&E Equipment Services Inc. (H&E) is focused on heavy construction and industrial equipment. The Company rents, sells and provides parts and services support for four categories of equipment: hi-lift or aerial work platform equipment; cranes; earthmoving equipment; and industrial lift trucks. H&E is engaged in five business activities under equipment rentals; new equipment sales; used equipment sales; parts sales; and repair and maintenance services. It rents heavy construction and industrial equipment to customers on a daily, weekly and monthly basis. H&E sells used equipment primarily from its rental fleet, as well as inventoried equipment. It sells new and used parts to customers and also provides parts to its own rental fleet. It maintains an in-house parts inventory in order to provide timely parts and service support to its customers , as well as to its own rental fleet. H&E provides maintenance and repair services for its customers owned equipment and to its own rental fleet.