The stock price performance this year has been a mixed bag, which means people have different opinions about whether it’s been good or bad. Some may see it as optimistic, while others may view it as pessimistic. Until today this year the stock’s price performance recorded an increase of 7.22%. However, over the last six months, the performance has been weaker by 28.85%. The price of CODI increased 6.69% over the last 30 days. And in the last five days, it has fallen by -0.50%.
In terms of market performance, Compass Diversified Holdings had a somewhat regular. The highest value for the stock in the past year was $25.07 on 03/08/24, while the lowest value was $16.88 on 10/31/23.
52-week price history of CODI Stock
A stock’s 52-week price history, including the low and high prices, can offer valuable insights into its current standing and future prospects. Compass Diversified Holdings’s current trading price is -3.99% away from its 52-week high, while its distance from the 52-week low is 42.59%. The stock’s price range over this timeframe has been between $16.88 and $25.07. The shares of the Industrials sector company recorded a trading volume of approximately 0.28 million for the day, which was comparatively higher than the average daily volume of 0.21 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
Compass Diversified Holdings (CODI) has experienced a quarterly rise of 5.29% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.81B and boasts a workforce of 3739 employees.
How Moving Averages and Trading Volume Data Work Together
Based on Barchart.com data, the company’s moving average over the 100-day period was 21.92, with a change in price of +6.23. Similarly, Compass Diversified Holdings recorded 190,275 in trading volume during the last 100 days, posting a change of +34.92%.
CODI’s Debt-to-Equity Ratio: A Comprehensive Review
A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for CODI stands at 1.43. Similarly, the long-term debt-to-equity ratio is also 1.38.
CODI Stock Stochastic Average
The raw stochastic average for Compass Diversified Holdings over the last 50 days is presently at 74.49%. This reflects a surge from the raw stochastic average of the previous 20 days, which was noted at 58.73%. Further, the company’s Stochastic %K and %D values for the last 20 days were 52.67% and 49.08%, respectively.
