CoreCivic Inc. (CXW) is -12.27% away from 50-day simple Moving Average despite all headwinds

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CoreCivic Inc. kicked off the trading day on 10/10/19 with a price decrease of -3.27%, equivalent to -$0.51 relative change for the day. Taking a more long-term approach, CXW had a 52-week range of $15.56 to $24.77. At the time of this article’s publishing, this stock is trading at $15.10 after starting the trading session at $15.66. At the time of writing, this stock’s 50-day Moving Average stands at $17.17, while the 200-day Moving Average of this stock is currently $19.42.

Currently, this company’s share volume is sitting at $1250609, but has maintained average daily volume of $938.13K. This stock has generated an average Year to Date volume of $736677, alongside an average 20-day volume of $904515. This publicly-traded company’s shares outstanding now amounts to $119.08 million, simultaneously with a float of $118.10 million. The organization now has a market capitalization sitting at $1.80 billion.

CoreCivic Inc.(CXW) Ownership Data

Now let’s turn our focus to how large-scale investors are behaving with this stock. CoreCivic Inc.’s current insider ownership accounts for 0.10%, in contrast to 83.30% institutional ownership. According to the most recent latest insider trade that took place on Sep 10 this organization’s Director sold 7,600 at the rate of 17.65, making the entire transaction hit 134,157 in total value, affecting insider ownership by 32,057. Preceding that transaction, on Jun 07 Company’s Director exercised an option 14,282 at a price of 17.66, making the whole transaction’s value amount to 252,220. This particular insider is now the holder of 50,729 in total.

If we take a glance at the Ownership summary of CoreCivic Inc.’s stock, Institutional holders make up 83.30% of its total stock ownership. All together, they are the legal holders of 119.08M shares. If we focus on the top 3 stockholders for this publicly-traded organization, The Vanguard Group, Inc. owns 17,770,034 shares, with BlackRock Fund Advisors in 2nd place owning 13,457,058 shares and Renaissance Technologies LLC in third place with total ownership of 3,885,300 shares.

CoreCivic Inc. (CXW) Earnings and Revenue Data

In the latest quarterly report that this company released, which was put into the public domain on 3/30/2019, the organization reported $0.41 earnings per share (EPS) for the three-month period, surpassing the consensus estimate (set at $0.36) by $0.05.

This company achieved a net margin of 9.39 while generating a return on equity of 12.81. CoreCivic Inc.’s full-quarter revenue increased by 8.54%, when compared against the year-ago quarter. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.

Looking at the long run, market analysts have predicted that Company’s EPS will increase by 6.00% through the next 5 years, which can be compared against the -13.30% growth it accomplished over the previous five years trading on the market.

Additional Trading Performance Indicators

Now turning our attention to the current performance indicators for CoreCivic Inc., this organization’s Quick Ratio in the last reported quarter now stands at 0.60. The company has managed to achieve an average true range (ATR) of 0.53. Alongside those, its PE Ratio stands at $9.97, and its Beta score is 1.05.

Another valuable indicator worth considering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.94 for this organization. Similarly, its price to free cash flow for trailing twelve months is now 59.15. Plus, this company’s price to book ratio for the last three-month fiscal period reported is 1.30, whereas its price to cash per share for the last quarter landed at 0.48.