Cinemark Holdings Inc (CNK) Stock: A 52-Week Tale of Drops and Gains

Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Cinemark Holdings Inc’s current trading price is -25.71% away from its 52-week high, while its distance from the 52-week low is 29.13%. The stock’s price range during this period has varied between $11.42 and $19.85. The company, active in the Communication Services sector, saw a trading volume of around 1.2 million for the day, considerably lower average daily volume of 2.88 million observed over the last three months.

Cinemark Holdings Inc’s stock market performance has been consistent. The 1-year high for the company’s stock was recorded at $19.85 on 10/06/23, with the lowest value being $11.42 on 02/14/23.

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How Financial Performance Impacts Market Capitalization

Cinemark Holdings Inc (CNK) has experienced a quarterly decline of -4.37% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.79B and boasts a workforce of 18100 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 15.34, with a change in price of -2.03. Similarly, Cinemark Holdings Inc recorded 2,963,870 in trading volume during the last 100 days, posting a change of -12.08%.

How CNK’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 CNK stands at 11.04. Similarly, the long-term debt-to-equity ratio is also 10.31.

CNK Stock Stochastic Average

As of today, the raw stochastic average of Cinemark Holdings Inc over the past 50 days is 56.96%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 92.56%. Additionally, the Stochastic %K and %D values for the company were 74.31% and 61.41%, respectively, over the past 20 days.

CNK Stock Price Performance Analysis

Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. The metric has seen a significant gain of 4.66% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -15.88%. Over the past 30 days, the price of CNK has fallen by 7.96%. And in the last five days, it has surged by 6.47%.

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