If you are wondering whether HP’s current share price reflects its true value, you are not alone. This article will walk through what the numbers are actually saying.
HP’s share price closed at US$20.61, with returns of a 3.6% decline over 7 days, a 17.0% decline over 30 days, a 6.8% decline year to date and a 33.5% decline over 1 year, while the 3 year and 5 year returns show a 14.5% decline and a 3.7% decline respectively.
Recent coverage has focused on how HP is responding to changing demand conditions and long term shifts in the personal systems and printing markets, which investors are watching closely. These themes have framed much of the conversation around the share price moves you see in the recent return figures.
