A Tale of Resilience: Costco Wholesale Corp Amid Stock Market Turbulence

Costco Wholesale Corp’s stock has seen a smooth market performance. The company’s stock achieved a 1-year high of $723.32 on 02/08/24, and the lowest price during that time was $454.98, recorded on 03/03/23.

52-week price history of COST Stock

A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Costco Wholesale Corp’s current trading price is 0.12% away from its 52-week high, while its distance from the 52-week low is 59.16%. The stock’s price range during this period has fluctuated between $454.98 and $723.32. Shares of the company, which operates in the Consumer Defensive sector, recorded a trading volume of around 1.91 million for the day, which was evidently lower than the average daily volume of 2.21 million over the last three months.

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Financial Performance and Market Capitalization

Costco Wholesale Corp (COST) has experienced a quarterly rise of 29.65% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 321.33B and boasts a workforce of 316000 employees.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 614.62, with a change in price of +167.80. Similarly, Costco Wholesale Corp recorded 2,049,865 in trading volume during the last 100 days, posting a change of +30.16%.

COST Debt-to-equity ratio analysis

The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for COST stands at 0.36. Similarly, the long-term debt-to-equity ratio is also 0.32.

COST Stock Stochastic Average

The raw stochastic average for Costco Wholesale Corp over the last 50 days is presently at 97.24%. This reflects a surge from the raw stochastic average of the previous 20 days, which was noted at 93.38%. Further, the company’s Stochastic %K and %D values for the last 20 days were 93.60% and 93.76%, respectively.

COST 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. This year’s metric has recorded a Price increase of 9.71%. However, over the past six months, we’ve seen a weaker performance of 32.33%. The price of COST fallen by 8.54% over the last 30 days. And in the last five days, it has surged by 2.79%.

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