The performance of the stock price over the year has been up and down, leaving investors with either an optimistic or pessimistic outlook, depending on how they interpret the data. The index has shown a price gain of 11.64% this year. Over the last six months, there has been a weaker performance of 25.91%. The price of CAH fallen by 6.58% during the last 30 days period. For the last 5-days stocks have improved 2.37%.
The market performance of Cardinal Health, Inc.’s stock has been harmonious in recent times. Over the last year, the company’s stock reached its highest point at $116.04 on 03/13/24, while the lowest value for the same duration was $68.53 on 03/24/23.
52-week price history of CAH Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Cardinal Health, Inc.’s current trading price is -3.02% away from its 52-week high, while its distance from the 52-week low is 64.21%. The stock’s price range during this period has varied between$68.53 and $116.04. The Cardinal Health, Inc.’s shares, which operate in the Healthcare, saw a trading volume of around 2.09 million for the day, a figure considerably lower than their average daily volume of 2.39 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Cardinal Health, Inc. (CAH) has experienced a quarterly rise of 11.25% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 27.37B and boasts a workforce of 48000 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 105.37, with a change in price of +19.98. Similarly, Cardinal Health, Inc. recorded 2,369,517 in trading volume during the last 100 days, posting a change of +21.59%.
CAH Stock Stochastic Average
Cardinal Health, Inc.’s raw stochastic average for the past 50 days is presently 76.24%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 60.43%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 64.53% and 61.18%, respectively.
