Carvana Co. saw a rather consistency, in terms of market performance. The company’s stock reached its highest point at $94.04 on 03/26/24, while the lowest price for the same duration was marked at $6.70 on 05/02/23.
52-week price history of CVNA Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Carvana Co.’s current trading price is -12.23% away from its 52-week high, while its distance from the 52-week low is 1131.94%. The stock’s price range during this period has spanned from $6.70 to $94.04. In the Consumer Cyclical sector, the Carvana Co.’s shares surpassed a trading volume of approximately 1.27 million for the day, which was noticeably lower compared to the average daily volume of 9.6.47 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Carvana Co. (CVNA) has experienced a quarterly rise of 70.78% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 9.60B and boasts a workforce of 13700 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 56.46, with a change in price of +53.10. Similarly, Carvana Co. recorded 7,641,542 in trading volume during the last 100 days, posting a change of +185.41%.
Examining CVNA’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for CVNA stands at 27.94. Similarly, the long-term debt-to-equity ratio is also 24.07.
CVNA Stock Stochastic Average
Today, Carvana Co.’s raw stochastic average for the past 50 days stands at 77.15%, indicating a rise from the raw stochastic average of the last 20 days, which was 37.32%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 42.46% and 43.10% respectively.
CVNA Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. The index has shown a price gain of 55.91% this year. Over the last six months, there has been a weaker performance of 119.23%. The price of CVNA leaped by -3.24% during the last 30 days period. For the last 5-days stocks have slided -0.40%.
