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CVS Stock: A Comprehensive Analysis and Forecast

In terms of market performance, CVS Health Corp had a fairly uneven. The highest value for the stock in the past year was $83.25 on 01/08/24, and the lowest value was recorded at $52.77 on 05/29/24.

52-week price history of CVS Stock

A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. CVS Health Corp’s current trading price is -29.13% away from its 52-week high, while its distance from the 52-week low is 11.80%. The stock’s price range during this period has spanned from $52.77 to $83.25. In the Healthcare sector, the CVS Health Corp’s shares surpassed a trading volume of approximately 8.21 million for the day, which was noticeably lower compared to the average daily volume of 9.12.69 million over the past three months.

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Market Capitalization and Financial Performance: An In-Depth Look

CVS Health Corp (CVS) has experienced a quarterly decline of -15.40% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 74.07B and boasts a workforce of 300000 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 66.03, with a change in price of -18.10. Similarly, CVS Health Corp recorded 11,258,775 in trading volume during the last 100 days, posting a change of -23.48%.

Examining CVS’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 CVS stands at 1.11. Similarly, the long-term debt-to-equity ratio is also 0.99.

CVS Stock Stochastic Average

Today’s raw stochastic average for CVS Health Corp over the last 50 days is 67.02%.This indicates a increase from the raw stochastic average of the past 20 days, which was 50.76%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 38.66% and 31.36%, respectively.

CVS Stock Price Performance Analysis

Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. The index has shown a price loss of -25.28% this year. Over the last six months, there has been a stronger performance of -25.54%. The price of CVS leaped by -1.67% during the last 30 days period. For the last 5-days stocks have improved 4.20%.

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