Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. CVS Health Corporation’s current trading price is -35.28% away from its 52-week high, while its distance from the 52-week low is 3.53%. The stock’s price range over this period has fluctuated between $67.05 and $107.26. The company, operating within the financial sector, had a trading volume of approximately 7.38 million for the day, which was noticeably lower than the average daily share volume of 8.45 million over the last 3 months.
The stock of CVS Health Corporation (CVS) is currently priced at $69.42. In the last session, the stock climbed significantly, topping out at $69.85 after opening at $69.79. The day’s lowest price was $68.71 before the stock closed at $69.38.
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CVS Health Corporation experienced a rather shaky stock market performance. The highest value in the past year was recorded at $107.26 on 08/16/22 and the lowest value was $67.05 on 05/16/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
CVS Health Corporation (CVS) has experienced a quarterly decline of -20.77% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 88.91B and boasts a workforce of 300000 employees.
CVS Health Corporation: What Analysts Are Saying
As of right now, 14 analysts are rating CVS Health Corporation as a BUY, 3 of the polled analysts branded the stock as an OVERWEIGHT, 7 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 80.17, with a change in price of -23.60. Similarly, CVS Health Corporation recorded 8,836,313 in trading volume during the last 100 days, posting a change of -25.37%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for CVS stands at 0.82. Similarly, the long-term debt-to-equity ratio is also 0.79.
CVS Stock Stochastic Average
Today, CVS Health Corporation’s raw stochastic average for the past 50 days stands at 20.73%, indicating a decline from the raw stochastic average of the last 20 days, which was 33.76%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 33.05% and 29.46% respectively.
CVS Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. The metric has seen a significant loss of -25.51% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -26.87%. Over the past 30 days, the price of CVS has leaped by -4.70%. And in the last five days, it has surged by 0.83%.