The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Carvana Co.’s current trading price is -20.17% away from its 52-week high, while its distance from the 52-week low is 1020.45%. The stock’s price range for this period has been between $6.70 and $94.04 The company’s shares, which are part of the Consumer Cyclical sector, had a trading volume of approximately 1.42 million for the day, a number notably lower than the average daily volume of 6.23 million over the last three months.
Carvana Co. experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $94.04 on 03/26/24, while the lowest price for the same period was registered at $6.70 on 05/02/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Carvana Co. (CVNA) has experienced a quarterly rise of 64.84% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 8.73B and boasts a workforce of 13700 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 60.61, with a change in price of +43.55. Similarly, Carvana Co. recorded 7,321,030 in trading volume during the last 100 days, posting a change of +137.73%.
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 CVNA stands at 27.94. Similarly, the long-term debt-to-equity ratio is also 24.07.
CVNA Stock Stochastic Average
Carvana Co.’s raw stochastic average for the past 50 days is presently 58.88%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 28.60%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 18.72% and 14.00%, respectively.
CVNA 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. The index has shown a price gain of 41.80% this year. Over the last six months, there has been a weaker performance of 141.62%. The price of CVNA leaped by -12.65% during the last 30 days period. For the last 5-days stocks have improved 6.27%.
