The stock market performance of Carpenter Technology Corp. has been very steady. Over the last year, the company’s stock hit its highest at $86.79 on 05/01/24, while the lowest price during the same time frame was $44.40, recorded on 05/31/23.
52-week price history of CRS Stock
Analyzing the 52-week price history of a stock, including its high and low prices, can provide valuable insight into its current status and potential future performance. Carpenter Technology Corp.’s current trading price is 13.30% away from its 52-week high, while its distance from the 52-week low is 121.45%. The stock’s price range for this period has remained between $44.40 and $86.79. The Industrials sector company’s shares managed to surpass a trading volume of around 1.91 million for the day, which was noticeably higher compared to the shares’ average daily volume of 0.49 million over the last three months.
Financial Performance and Market Capitalization
Carpenter Technology Corp. (CRS) has experienced a quarterly rise of 59.65% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 4.86B and boasts a workforce of 4500 employees.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 69.20, with a change in price of +29.15. Similarly, Carpenter Technology Corp. recorded 530,534 in trading volume during the last 100 days, posting a change of +42.14%.
CRS 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 CRS stands at 0.49. Similarly, the long-term debt-to-equity ratio is also 0.47.
CRS Stock Stochastic Average
As of today, the raw stochastic average of Carpenter Technology Corp. over the past 50 days is 95.49%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 93.59%. Additionally, the Stochastic %K and %D values for the company were 93.61% and 95.37%, respectively, over the past 20 days.
CRS Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. The metric has seen a significant gain of 38.88% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 56.01%. Over the past 30 days, the price of CRS has fallen by 38.12%. And in the last five days, it has surged by 22.30%.
