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 -32.45% away from its 52-week high, while its distance from the 52-week low is 9.58%. The stock’s price range over this period has fluctuated between $64.62 and $104.83. The company, operating within the financial sector, had a trading volume of approximately 2.9 million for the day, which was noticeably lower than the average daily share volume of 9.46 million over the last 3 months.
At present, CVS Health Corporation (CVS) has a stock price of $70.81. In the previous session, the stock saw a rise, peaking at $71.275 after an opening price of $70.01. The day’s lowest price was $69.92, and it closed at $70.87.
CVS Health Corporation experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $104.83 on 12/13/22, while the lowest price for the same period was registered at $64.62 on 08/17/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
CVS Health Corporation (CVS) has experienced a quarterly rise of 4.56% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 89.77B and boasts a workforce of 300000 employees.
CVS Health Corporation: What Analysts Are Saying
As of right now, 17 analysts are rating CVS Health Corporation as a BUY, 2 of the polled analysts branded the stock as an OVERWEIGHT, 8 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 70.32, with a change in price of -2.20. Similarly, CVS Health Corporation recorded 9,110,834 in trading volume during the last 100 days, posting a change of -3.02%.
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 0.88. Similarly, the long-term debt-to-equity ratio is also 0.84.
CVS Stock Stochastic Average
Today’s raw stochastic average for CVS Health Corporation over the last 50 days is 47.41%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 87.40%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 85.20% and 76.43%, respectively.
CVS Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. Year to date metric has recorded a loss of -24.02%.However, over the last six months, we can see a stronger performance of -4.79%. Over the last 30 days, the price of CVS has fallen by 6.00%. And in the last five days, it has surged by 3.00%.