HBB Stock Summary and Trading Ideas (Hamilton Beach Brands Holding Company Class A Common | NYSE:HBB)

Hamilton Beach Brands Holding Co, through its subsidiaries, is engaged in consumer, commercial, and specialty small appliances and specialty retail. It designs, markets, and distributes small branded electric household and specialty housewares small appliances, as well as commercial products for restaurants, bars, and hotels.

Hamilton Beach Brands Holding Company Class A Common trades on the NYSE stock market under the symbol HBB.

As of May 14, 2024, HBB stock price climbed to $18.23 with 90,814 million shares trading.

HBB has a beta of -0.27, meaning it tends to be less sensitive to market movements. HBB has a correlation of 0.01 to the broad based SPY ETF.

HBB has a market cap of $257.88 million. This is considered a Small Cap stock.

In the last 3 years, HBB stock traded as high as $26.00 and as low as $9.18.

The top ETF exchange traded funds that HBB belongs to (by Net Assets): VTI, VXF, AVUV, DES, DFAT.

HBB has outperformed the market in the last year with a return of +75.6%, while the SPY ETF gained +28.8%. However, in the most recent history, HBB shares have underperformed the stock market with its stock returning -1.6% in the last 3 month period and -16.0% for the last 2 week period, while SPY has returned +6.2% and +2.6%, respectively.

HBB support price is $17.17 and resistance is $19.05 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that HBB stock will trade within this expected range on the day.