A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. CECO Environmental Corp.’s current trading price is -5.44% away from its 52-week high, while its distance from the 52-week low is 88.11%. The stock’s price range for this time frame has been between $8.41 and $16.73. The trading volume of the company’s shares in the Industrials reached around 0.67 million for the day, which was evidently higher than the average daily volume of 0.32 million over the last three months.
Currently, the stock price of CECO Environmental Corp. (CECO) is $15.82. In the most recent trading session, the stock underwent a significant upswing, peaking at $16.00 after opening at $14.94. The stock touched a low of $14.81 before closing at $14.46.
CECO Environmental Corp.’s stock has had a calm market performance. The 1-year high for the company’s stock was $16.73 on 03/06/23, and the lowest price during the same period was recorded at $8.41 on 11/07/22.
How Financial Performance Impacts Market Capitalization
CECO Environmental Corp. (CECO) has experienced a quarterly rise of 17.45% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 554.33M and boasts a workforce of 730 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 12.73, with a change in price of +3.20. Similarly, CECO Environmental Corp. recorded 305,168 in trading volume during the last 100 days, posting a change of +25.36%.
How CECO’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for CECO stands at 0.65. Similarly, the long-term debt-to-equity ratio is also 0.62.
CECO Stock Stochastic Average
The raw stochastic average for CECO Environmental Corp. over the last 50 days is presently at 96.04%. This reflects a surge from the raw stochastic average of the previous 20 days, which was noted at 94.78%. Further, the company’s Stochastic %K and %D values for the last 20 days were 83.78% and 83.43%, respectively.
CECO 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. This year’s metric has recorded a Price increase of 35.45%. However, over the past six months, we’ve seen a weaker performance of 19.67%. The price of CECO fallen by 19.13% over the last 30 days. And in the last five days, it has surged by 14.22%.