Hewlett-Packard Company (NYSE:HPQ) Stock Shows Declining Trend


Dallas, Texas 11/19/2013 (Financialstrend) – In Monday’s trading session, Hewlett-Packard Company (NYSE:HPQ) dropped by 0.83%. The shares opened at a price of $25.32 which touched the intraday high of $25.38 and headed to a close of $25.00. Around 11.59 million exchanged hands over the trading day and an average volume of 16.32 million shares were traded over a 30 day period. The 52-week low of Hewlett-Packard Company (NYSE:HPQ) shares is $11.35 and its 52-week high is $27.78. The company has a market capitalization of $48.05 billion.                                        

About the company

Hewlett-Packard Company (NYSE:HPQ) was formed on 1st February 1947. It is a provider of technologies, products, software, solutions & services to small- and medium-sized businesses individual consumers and large enterprises. This includes customers in the Government & health & education sectors. Hewlett-Packard Company (NYSE:HPQ)’s operations are well organized into 7 different segments: 1- the Personal Systems Group (PSG), 1- Services, 3- Imaging and Printing Group (IPG) , 4- Enterprise Servers, Storage & Networking (ESSN), 5- HP Software, 6- HP Financial Services (HPFS) and 7- Corporate Investments. Its offerings include personal-computing & other access devices.

It also includes multi-vendor customer-services like infrastructure- technology & business, technology support and technology maintenance, process outsourcing, application development & support services as well as consulting and integration services. It also provides imaging & printing-related products & services. Hewlett-Packard Company (NYSE:HPQ) provides enterprise-information technology infrastructure. This includes enterprise storage & server technology, networking products & solutions, information technology- management software, information management-solutions & risk management solutions/ security intelligence.

As of 31st October 2011, HP owned approximately 99 percent equity -interest in Autonomy Corporation.  In 2011 December, Hewlett-Packard Company (NYSE:HPQ) acquired Hiflex Software GmbH. In 2012 March 2012, the company had consolidated PSG & IPG into a Printing &Personal Systems Group. Hewlett-Packard Company (NYSE:HPQ) continues to report results of IPG & PSG separately. The PSG group provides commercial personal-computers (PCs), consumer-PCs, calculators, workstations and other related-accessories, software & services for the commercial & consumer markets.