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. This year’s metric has recorded a Price increase of 2.57%. However, over the past six months, we’ve seen a weaker performance of 11.42%. The price of CAH leaped by -8.13% over the last 30 days. And in the last five days, it has fallen by -3.40%.
The stock market performance of Cardinal Health, Inc. has been very steady. Over the last year, the company’s stock hit its highest at $116.04 on 03/13/24, while the lowest price during the same time frame was $77.56, recorded on 05/04/23.
52-week price history of CAH Stock
The history of a stock’s 52-week high and low prices can provide important information about its current state and future potential. Cardinal Health, Inc.’s current trading price is -10.90% away from its 52-week high, while its distance from the 52-week low is 33.30%. The stock’s price range for this period has been between $77.56 and $116.04. The Healthcare sector company’s shares saw a trading volume of about 3.43 million for the day, which was higher than the average daily volume of 2.28 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
Cardinal Health, Inc. (CAH) has experienced a quarterly decline of -1.85% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 25.15B and boasts a workforce of 48000 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 107.03, with a change in price of -3.90. Similarly, Cardinal Health, Inc. recorded 2,212,087 in trading volume during the last 100 days, posting a change of -3.66%.
CAH Stock Stochastic Average
As of today, the raw stochastic average of Cardinal Health, Inc. over the past 50 days is 10.26%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 13.39%. Additionally, the Stochastic %K and %D values for the company were 22.32% and 22.24%, respectively, over the past 20 days.
