Hewlett-Packard Company NYSE: HPQ News




NYSE: HPQ or Hewlett-Packard Company is a provider of products, technologies, software, solutions and services for costumers worldwide. HPQ is now successfully be a major worldwide server revenue and shipments for calendar year 2010.

HPQ increased 2.23% with the closing price of $43.63 on February 28, 2011. The overall volume in the last trading session was 27.70 million shares. Its fifty two week range was $37.32-$54.75. The total market capitalization remained $95.20 billion.

Currently, HPQ stock price is moving behind from its 20 days moving average with 7.27% while it is going below from its 50 days moving average with 3.78%. In its share capital HPQ has 2.17 billion shares outstanding which all number of shares have been floating in the market. The market risk identifying beta coefficient remained 1.01 while company’s month share price volatility remained 1.73%.

Besides that, HP as a major server vendor is effectively gained revenue share in the EPIC/RISC Blade server market, gaining 20.8% points year over year in the fourth quarter of 2010. HP’s x86 server revenue increased approximately 34% year over year during the fiscal year 2010, exceeding the market growth of 29%. Additionally, for the fourth quarter of 2010, HP led the market in x86 servers with 38.5% revenue share.
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