The market performance of Colgate-Palmolive Co. has been somewhat stable. Over the past year, the company’s stock achieved a high of $92.25 on 04/26/24, with the lowest value for the same timeframe being $67.62, recorded on 10/06/23.
52-week price history of CL Stock
A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Colgate-Palmolive Co.’s current trading price is -0.36% away from its 52-week high, while its distance from the 52-week low is 35.94%. The stock’s price range during this period has fluctuated between $67.62 and $92.25. Shares of the company, which operates in the Consumer Defensive sector, recorded a trading volume of around 5.23 million for the day, which was evidently higher than the average daily volume of 4.39 million over the last three months.
Financial Performance and Market Capitalization
Colgate-Palmolive Co. (CL) has experienced a quarterly rise of 9.13% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 75.41B and boasts a workforce of 34000 employees.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 84.33, with a change in price of +14.24. Similarly, Colgate-Palmolive Co. recorded 4,585,324 in trading volume during the last 100 days, posting a change of +18.33%.
CL Debt-to-equity ratio analysis
The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for CL stands at 37.78. Similarly, the long-term debt-to-equity ratio is also 35.44.
CL Stock Stochastic Average
Colgate-Palmolive Co.’s raw stochastic average for the past 50 days is currently at 96.14%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 94.98%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 83.12% and 78.55%, respectively.
CL Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. Year to date metric has recorded a gain of 15.32%.However, over the last six months, we can see a weaker performance of 28.04%. Over the last 30 days, the price of CL has fallen by 3.21%. And in the last five days, it has surged by 3.77%.
