Let’s start up with the current stock price of Cano Health Inc. (CANO), which is $11.78 to be very precise. The Stock rose vividly during the last session to $11.97 after opening rate of $10.875 while the lowest price it went was recorded $10.45 before closing at $11.51.Recently in News on July 20, 2021, Cano Health to Announce Second Quarter 2021 Results and Host Investor Conference Call. Cano Health, Inc. (NYSE: CANO or the “Company”), a leading value-based primary care provider for seniors and underserved communities, will host a conference call on Thursday, August 12, 2021, at 8:30 AM Eastern Time to review the Company’s business and financial results for the second quarter ended June 30, 2021. A press release announcing the second quarter results will be issued earlier that morning. You can read further details here
Cano Health Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $17.43 on 01/06/21, with the lowest value was $9.98 for the same time period, recorded on 07/20/21.
Cano Health Inc. (CANO) full year performance was 9.93%
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, Cano Health Inc. shares are logging -32.42% during the 52-week period from high price, and 18.39% 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 $9.95 and $17.43.
The company’s shares, operating in the sector of Healthcare managed to top a trading volume set approximately around 640083 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Cano Health Inc. (CANO) recorded performance in the market was -14.17%, having the revenues showcasing -8.14% 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 5.66B.
Cano Health Inc. (CANO) in the eye of market guru’s
During the last month, 0 analysts gave the Cano Health Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 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 13.16, with a change in the price was noted -2.66. In a similar fashion, Cano Health Inc. posted a movement of -18.38% for the period of last 100 days, recording 914,108 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 CANO is recording 0.00 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.
Cano Health Inc. (CANO): Stocks Technical analysis and Trends
Raw Stochastic average of Cano Health Inc. in the period of last 50 days is set at 29.56%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 47.41%. In the last 20 days, the company’s Stochastic %K was 37.31% and its Stochastic %D was recorded 27.35%.
If we look into the earlier routines of Cano Health Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -14.17%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -24.77%, alongside a boost of 9.93% for the period of the last 12 months. The shares 2.22% in the 7-day charts and went up by -10.71% in the period of the last 30 days. Common stock shares were lifted by -8.14% during last recorded quarter.