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Company’s Banking Stock: Dissecting a 1.17% Quarterly Revenue Decline Amid Growth

Carrols Restaurant Group Inc.’s stock market performance has been consistent. The 1-year high for the company’s stock was recorded at $9.56 on 05/15/24, with the lowest value being $4.29 on 06/27/23.

52-week price history of TAST 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. Carrols Restaurant Group Inc.’s current trading price is -0.21% away from its 52-week high, while its distance from the 52-week low is 122.38%. The stock’s price range for this period has remained between $4.29 and $9.56. The Consumer Cyclical sector company’s shares managed to surpass a trading volume of around 3.51 million for the day, which was noticeably higher compared to the shares’ average daily volume of 0.63 million over the last three months.

Financial Performance and Market Capitalization

Carrols Restaurant Group Inc. (TAST) has experienced a quarterly rise of 1.17% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 501.99M and boasts a workforce of 25000 employees.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 9.23, with a change in price of +2.49. Similarly, Carrols Restaurant Group Inc. recorded 897,233 in trading volume during the last 100 days, posting a change of +35.32%.

TAST 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 TAST stands at 6.53. Similarly, the long-term debt-to-equity ratio is also 6.23.

TAST Stock Stochastic Average

As of today, the raw stochastic average of Carrols Restaurant Group Inc. over the last 50 days is at 85.71%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 66.67%. Further, the company’s Stochastic %K and %D values for the last 20 days were 77.78% and 82.27%, respectively.

TAST Stock Price Performance Analysis

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. Until today this year the stock’s price performance recorded an increase of 21.07%. However, over the last six months, the performance has been weaker by 27.20%. The price of TAST increased 0.53% over the last 30 days. And in the last five days, it has surged by 0.10%.

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