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COST: Riding the Market Waves of Growth and Decline in 2023

The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a gain of 5.83%.However, over the last six months, we can see a stronger performance of -9.18%. Over the last 30 days, the price of COST has leaped by -2.33%. And in the last five days, it has fallen by -3.01%.

At present, Costco Wholesale Corporation (COST) has a stock price of $483.13. In the previous session, the stock saw a rise, peaking at $487.25 after an opening price of $487.25. The day’s lowest price was $480.91, and it closed at $482.76.

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Costco Wholesale Corporation experienced a rather steady stock market performance. The highest value in the past year was recorded at $564.75 on 08/18/22 and the lowest value was $430.83 on 06/17/22.

52-week price history of COST Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Costco Wholesale Corporation’s current trading price is -14.45% away from its 52-week high, while its distance from the 52-week low is 12.14%. The stock’s price range during this period has varied between$430.83 and $564.75. The Costco Wholesale Corporation’s shares, which operate in the Consumer Defensive, saw a trading volume of around 0.75 million for the day, a figure considerably lower than their average daily volume of 1.85 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

Costco Wholesale Corporation (COST) has experienced a quarterly decline of -1.12% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 214.78B and boasts a workforce of 304000 employees.

Costco Wholesale Corporation: Analysts’ Ratings Unveiled

As of right now, 19 analysts are rating Costco Wholesale Corporation as a BUY, 4 of the polled analysts branded the stock as an OVERWEIGHT, 12 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.

Combining Moving Average and Trading Volume Data for Better Market Insight

Based on Barchart.com data, the company’s moving average over the 100-day period was 492.74, with a change in price of +26.80. Similarly, Costco Wholesale Corporation recorded 1,847,486 in trading volume during the last 100 days, posting a change of +5.87%.

COST’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look

The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for COST stands at 0.29. Similarly, the long-term debt-to-equity ratio is also 0.29.

COST Stock Stochastic Average

Costco Wholesale Corporation’s raw stochastic average for the past 50 days is presently 18.00%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 22.37%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 12.66% and 16.05%, respectively.

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