The stock price performance this year has been a mixed bag, which means people have different opinions about whether it’s been good or bad. Some may see it as optimistic, while others may view it as pessimistic. This year’s metric has recorded a Price increase of 1.36%. However, over the past six months, we’ve seen a weaker performance of 12.23%. The price of CAH leaped by -8.16% over the last 30 days. And in the last five days, it has fallen by -1.32%.
Cardinal Health, Inc. saw a rather consistency, in terms of market performance. The company’s stock reached its highest point at $116.04 on 03/13/24, while the lowest price for the same duration was marked at $77.56 on 05/04/23.
52-week price history of CAH Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Cardinal Health, Inc.’s current trading price is -11.95% away from its 52-week high, while its distance from the 52-week low is 31.73%. The stock’s price range during this period has varied between$77.56 and $116.04. The Cardinal Health, Inc.’s shares, which operate in the Healthcare, saw a trading volume of around 2.84 million for the day, a figure considerably higher than their average daily volume of 2.35 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Cardinal Health, Inc. (CAH) has experienced a quarterly decline of -6.43% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 24.85B and boasts a workforce of 48000 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 106.79, with a change in price of -3.70. Similarly, Cardinal Health, Inc. recorded 2,259,572 in trading volume during the last 100 days, posting a change of -3.49%.
CAH Stock Stochastic Average
As of today, Cardinal Health, Inc.’s raw stochastic average for the last 50 days stands at 10.40%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 14.14%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 15.15% and 16.69%, respectively.
