Avis Budget Group Inc experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $232.73 on 07/19/23, while the lowest price for the same period was registered at $99.60 on 02/22/24.
52-week price history of CAR Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Avis Budget Group Inc’s current trading price is -50.28% away from its 52-week high, while its distance from the 52-week low is 16.18%. The stock’s price range during this period has spanned from $99.60 to $232.73. In the Industrials sector, the Avis Budget Group Inc’s shares surpassed a trading volume of approximately 1.05 million for the day, which was noticeably higher compared to the average daily volume of 9.0.78 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Avis Budget Group Inc (CAR) has experienced a quarterly decline of -40.49% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 4.10B and boasts a workforce of 24500 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 160.91, with a change in price of -56.62. Similarly, Avis Budget Group Inc recorded 723,538 in trading volume during the last 100 days, posting a change of -32.86%.
CAR Stock Stochastic Average
Today’s raw stochastic average for Avis Budget Group Inc over the last 50 days is 20.88%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 89.35%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 58.31% and 44.98%, respectively.
CAR 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. Until today this year the stock’s price performance recorded a decrease of -34.72%. However, over the last six months, the performance has been stronger by -38.39%. The price of CAR increased 3.08% over the last 30 days. And in the last five days, it has surged by 2.30%.
