Let’s start up with the current stock price of Custom Truck One Source Inc. (CTOS), which is $6.84 to be very precise. The Stock rose vividly during the last session to $6.99 after opening rate of $6.99 while the lowest price it went was recorded $6.41 before closing at $6.31.Recently in News on March 14, 2023, Custom Truck One Source, Inc. Reports Record Results for the Fourth-Quarter and Full-Year 2022. Custom Truck One Source, Inc. (NYSE: CTOS), a leading provider of specialty equipment to the electric utility, telecom, rail, and other infrastructure-related end markets, today reported financial results for the fourth quarter and full year ended December 31, 2022. You can read further details here
Custom Truck One Source Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $9.40 on 03/18/22, with the lowest value was $4.53 for the same time period, recorded on 06/16/22.
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Custom Truck One Source Inc. (CTOS) full year performance was -18.67%
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, Custom Truck One Source Inc. shares are logging -27.23% during the 52-week period from high price, and 50.83% 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 $4.53 and $9.40.
The company’s shares, operating in the sector of Industrials managed to top a trading volume set approximately around 709469 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 Custom Truck One Source Inc. (CTOS) recorded performance in the market was 8.23%, having the revenues showcasing 3.01% 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 1.78B, as it employees total of 1800 workers.
Specialists analysis on Custom Truck One Source Inc. (CTOS)
During the last month, 6 analysts gave the Custom Truck One Source Inc. a BUY rating, 1 of the polled analysts branded the stock as an OVERWEIGHT, 1 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 6.77, with a change in the price was noted +0.15. In a similar fashion, Custom Truck One Source Inc. posted a movement of +2.24% for the period of last 100 days, recording 256,825 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 CTOS is recording 1.59 at the time of this writing. In addition, long term Debt to Equity ratio is set at 1.58.
Trends and Technical analysis: Custom Truck One Source Inc. (CTOS)
Raw Stochastic average of Custom Truck One Source Inc. in the period of last 50 days is set at 44.44%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 44.44%. In the last 20 days, the company’s Stochastic %K was 17.59% and its Stochastic %D was recorded 7.71%.
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 8.23%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -0.87%, alongside a downfall of -18.67% for the period of the last 12 months. The shares increased approximately by -8.06% in the 7-day charts and went down by -3.12% in the period of the last 30 days. Common stock shares were driven by 3.01% during last recorded quarter.