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CNF’s Market Quandary: Decoding the Ups and Downs of 2023

The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a loss of -45.95%.However, over the last six months, we can see a stronger performance of -46.67%. Over the last 30 days, the price of CNF has fallen by 9.09%. And in the last five days, it has surged by 34.38%.

The stock market performance of CNFinance Holdings Ltd ADR has been fairly unsteady. Over the last year, the company’s stock hit its highest at $4.10 on 10/03/23, while the lowest price during the same time frame was $0.86, recorded on 08/21/24.

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52-week price history of CNF Stock

The history of a stock’s 52-week high and low prices can provide important information about its current state and future potential. CNFinance Holdings Ltd ADR’s current trading price is -70.73% away from its 52-week high, while its distance from the 52-week low is 39.53%. The stock’s price range for this period has been between $0.86 and $4.10. The Financial sector company’s shares saw a trading volume of about 1.19 million for the day, which was higher than the average daily volume of 40120.0 over the last three months.

The Connection Between Financial Performance and Market Capitalization

CNFinance Holdings Ltd ADR (CNF) has experienced a quarterly decline of -21.05% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 82.30M and boasts a workforce of 897 employees.

How Moving Averages and Trading Volume Data Work Together

Based on Barchart.com data, the company’s moving average over the 100-day period was 1.4927, with a change in price of -0.8500. Similarly, CNFinance Holdings Ltd ADR recorded 42,062 in trading volume during the last 100 days, posting a change of -41.46%.

CNF’s Debt-to-Equity Ratio: A Comprehensive Review

A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for CNF stands at 2.41. Similarly, the long-term debt-to-equity ratio is also 0.61.

CNF Stock Stochastic Average

As of today, the raw stochastic average of CNFinance Holdings Ltd ADR over the past 50 days is 34.34%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 80.95%. Additionally, the Stochastic %K and %D values for the company were 64.16% and 48.38%, respectively, over the past 20 days.

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