A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. Carpenter Technology Corp.’s current trading price is -3.59% away from its 52-week high, while its distance from the 52-week low is 165.18%. The stock’s price range for this time frame has been between $58.87 and $161.93. The trading volume of the company’s shares in the Industrials reached around 0.61 million for the day, which was evidently lower than the average daily volume of 0.68 million over the last three months.
In terms of market performance, Carpenter Technology Corp. had a somewhat regular. The highest value for the stock in the past year was $161.93 on 09/26/24, while the lowest value was $58.87 on 02/06/24.
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How Financial Performance Impacts Market Capitalization
Carpenter Technology Corp. (CRS) has experienced a quarterly rise of 45.82% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 7.80B and boasts a workforce of 4600 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 123.70, with a change in price of +52.47. Similarly, Carpenter Technology Corp. recorded 649,671 in trading volume during the last 100 days, posting a change of +50.63%.
How CRS’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for CRS stands at 0.46. Similarly, the long-term debt-to-equity ratio is also 0.45.
CRS Stock Stochastic Average
Carpenter Technology Corp.’s raw stochastic average for the past 50 days is currently at 79.60%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 71.85%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 89.17% and 93.44%, respectively.
CRS 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 120.49% this year. Over the last six months, there has been a weaker performance of 122.41%. The price of CRS fallen by 8.52% during the last 30 days period. For the last 5-days stocks have improved 0.72%.
