A Closer Look at Canadian Imperial Bank Of Commerce (CM) Stock Gains

Canadian Imperial Bank Of Commerce experienced a rather steady stock market performance. The highest value in the past year was recorded at $51.14 on 03/26/24 and the lowest value was $34.35 on 10/25/23.

52-week price history of CM Stock

Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Canadian Imperial Bank Of Commerce’s current trading price is -4.20% away from its 52-week high, while its distance from the 52-week low is 42.62%. The stock’s price range during the 52-week period has remained between $34.35 and $51.14. In the Financial sector, the company’s shares saw a trading volume of around 2.23 million for the day, which was evidently higher than the average daily volume of 1.18 million over the past three months.

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Market Capitalization and Financial Performance: An In-Depth Look

Canadian Imperial Bank Of Commerce (CM) has experienced a quarterly decline of -2.43% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 45.92B and boasts a workforce of 48074 employees.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 48.50, with a change in price of +4.07. Similarly, Canadian Imperial Bank Of Commerce recorded 1,537,709 in trading volume during the last 100 days, posting a change of +9.06%.

Examining CM’s Debt-to-Equity Ratio: What You Need to Know

The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for CM stands at 3.32. Similarly, the long-term debt-to-equity ratio is also 1.18.

CM Stock Stochastic Average

As of today, Canadian Imperial Bank Of Commerce’s raw stochastic average for the last 50 days stands at 57.11%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 86.21%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 68.96% and 59.49%, respectively.

CM 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. The index has shown a price gain of 1.77% this year. Over the last six months, there has been a weaker performance of 2.13%. The price of CM leaped by 0.00% during the last 30 days period. For the last 5-days stocks have improved 2.02%.

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