Hasbro, Inc. stock trades under the ticker HAS & has shown recent bullishness that traders & investors should research further into.
HAS stock closed at $79.48/share on 8/1/2022.
Hasbro, Inc. HAS Stock’s Technical Performance Broken Down
HAS Stock Price: $79.48
10 Day Moving Average: $79.43
50 Day Moving Average: $82.48
200 Day Moving Average: $89.56
RSI: 46.61
MACD: -1.127
Yesterday, HAS stock completed a bullish MACD crossover, break out & settling just above its 10 day moving average.
Their RSI is neutral, and recent trading volumes have been above average compared to the year prior, signaling that there may be more momentum to come in the near-term.
They have support at the $78.70/share level, while they try to break above the $79.82 & $80.01 resistance levels.
Hasbro, Inc. HAS Stock As A Long-Term Investment
Long-term oriented investors will like HAS stock’s 20.48 P/E (ttm), but they may find their 3.68 P/B (mrq) to be a bit rich.
They recently reported 1.3% Quarterly Revenue Growth Y-o-Y.
Their balance sheet will need a more thorough review, with $586.3M of Total Cash (mrq) & $4.21B of Total Debt (mrq).
HAS stock pays a 3.51% dividend yield, which may be unsustainable in the long-run, as their payout ratio is 70.6%.
86.64% of HAS stock’s outstanding share float is owned by institutional investors.
Hasbro, Inc. HAS Stock As A Short-Term Trade Using Options
Short-term focused traders can trade options to profit from movements in HAS stock’s price in any direction, while hedging against broader market volatility.
I am looking at the contracts with the 8/19 expiration date.
The $77.50, $75 & $72.50 call options all are in-the-money, listed from highest to lowest levels of open interest.
The $80, $85 & $82.50 puts are also all in-the-money, with that former being more liquid than the latter two.
Tying It All Together
HAS stock has many interesting characteristics that traders & investors will like.
Investors will like their P/E (ttm) & dividend yield, but may want to review their balance sheet more thoroughly before investing to see how sustainable the yield will be in the long term.
Traders will like their current technical set up, but may be disappointed by how liquid their options are.
All-in-all, it is worth taking a closer look at HAS stock to see how it fits into your portfolio strategy.
*** I DO NOT OWN SHARES OF HAS STOCK AT THE TIME OF PUBLISHING THIS ARTICLE ***