Core & Main Inc experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $62.15 on 05/16/24, while the lowest price for the same period was registered at $30.80 on 11/13/23.
52-week price history of CNM Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Core & Main Inc’s current trading price is -28.44% away from its 52-week high, while its distance from the 52-week low is 44.40%. The stock’s price range during this period has spanned from $30.80 to $62.15. In the Industrials sector, the Core & Main Inc’s shares surpassed a trading volume of approximately 1.64 million for the day, which was noticeably lower compared to the average daily volume of 9.2.64 million over the past three months.
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Market Capitalization and Financial Performance: An In-Depth Look
Core & Main Inc (CNM) has experienced a quarterly decline of -9.22% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 8.95B and boasts a workforce of 5000 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 47.12, with a change in price of -7.26. Similarly, Core & Main Inc recorded 2,420,276 in trading volume during the last 100 days, posting a change of -14.03%.
Examining CNM’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 CNM stands at 1.60. Similarly, the long-term debt-to-equity ratio is also 1.55.
CNM Stock Stochastic Average
Today, Core & Main Inc’s raw stochastic average for the past 50 days stands at 61.62%, indicating a rise from the raw stochastic average of the last 20 days, which was 26.18%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 55.07% and 57.01% respectively.
CNM Stock Price Performance Analysis
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. This year’s metric has recorded a Price increase of 10.06%. However, over the past six months, we’ve seen a stronger performance of -25.89%. The price of CNM fallen by 1.59% over the last 30 days. And in the last five days, it has surged by 2.83%.
