At the end of the latest market close, The AZEK Company Inc. (AZEK) was valued at $41.60. In that particular session, Stock kicked-off at the price of $41.58 while reaching the peak value of $42.065 and lowest value recorded on the day was $41.19. The stock current value is $41.78.
Recently in News on June 1, 2021, The AZEK® Company Announces Closing of Public Offering of Class A Common Stock and Full Exercise of Underwriters’ Option to Purchase Additional Shares. The AZEK Company Inc. (NYSE: AZEK) (“AZEK”) announced today the closing of an underwritten public offering of 17,250,000 shares of its Class A common stock, including the exercise in full by the underwriters of their option to purchase up to 2,250,000 additional shares of Class A common stock, in each case sold by certain of its selling stockholders, at a price to the public of $43.50 per share. AZEK did not receive any proceeds from the sale of the shares of Class A common stock. You can read further details here
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, The AZEK Company Inc. shares are logging -18.59% during the 52-week period from high price, and 58.58% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $26.35 and $51.32.
The company’s shares, operating in the sector of Industrials managed to top a trading volume set approximately around 1541708 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the The AZEK Company Inc. (AZEK) recorded performance in the market was 8.66%, having the revenues showcasing -9.86% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 6.38B, as it employees total of 1663 workers.
Specialists analysis on The AZEK Company Inc. (AZEK)
During the last month, 11 analysts gave the The AZEK Company Inc. a BUY rating, 1 of the polled analysts branded the stock as an OVERWEIGHT, 3 analysts were recommending to HOLD this stock, 1 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 44.56, with a change in the price was noted +0.55. In a similar fashion, The AZEK Company Inc. posted a movement of +1.33% for the period of last 100 days, recording 1,164,464 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for AZEK is recording 0.35 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.35.
Trends and Technical analysis: The AZEK Company Inc. (AZEK)
Raw Stochastic average of The AZEK Company Inc. in the period of last 50 days is set at 9.32%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 18.15%. In the last 20 days, the company’s Stochastic %K was 16.48% and its Stochastic %D was recorded 15.01%.
Now, considering the stocks previous presentation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 8.66%. The shares increased approximately by -0.12% in the 7-day charts and went up by -12.50% in the period of the last 30 days. Common stock shares were lifted by -9.86% during last recorded quarter.