The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. CVS Health Corp’s current trading price is -17.17% away from its 52-week high, while its distance from the 52-week low is 7.06%. The stock’s price range for this period has been between $64.41 and $83.25 The company’s shares, which are part of the Healthcare sector, had a trading volume of approximately 7.23 million for the day, a number notably lower than the average daily volume of 10.27 million over the last three months.
CVS Health Corp experienced a rather shaky stock market performance. The highest value in the past year was recorded at $83.25 on 01/08/24 and the lowest value was $64.41 on 11/01/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
CVS Health Corp (CVS) has experienced a quarterly decline of -9.93% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 86.78B and boasts a workforce of 300000 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 75.14, with a change in price of +0.15. Similarly, CVS Health Corp recorded 10,146,007 in trading volume during the last 100 days, posting a change of +0.22%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for CVS stands at 1.04. Similarly, the long-term debt-to-equity ratio is also 0.98.
CVS Stock Stochastic Average
As of today, CVS Health Corp’s raw stochastic average for the last 50 days stands at 5.17%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 5.17%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 2.71% and 3.74%, respectively.
CVS Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. Year to date metric has recorded a loss of -12.66%.However, over the last six months, we can see a stronger performance of -2.76%. Over the last 30 days, the price of CVS has leaped by -9.76%. And in the last five days, it has fallen by -7.36%.
