Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Copart, Inc’s current trading price is -1.11% away from its 52-week high, while its distance from the 52-week low is 25.36%. The stock’s price range over this period has fluctuated between $46.21 and $58.58. The company, operating within the financial sector, had a trading volume of approximately 3.37 million for the day, which was noticeably lower than the average daily share volume of 4.25 million over the last 3 months.
Copart, Inc experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $58.58 on 04/01/24, while the lowest price for the same period was registered at $46.21 on 01/05/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Copart, Inc (CPRT) has experienced a quarterly rise of 12.27% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 55.81B and boasts a workforce of 11700 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 52.62, with a change in price of +3.03. Similarly, Copart, Inc recorded 4,436,945 in trading volume during the last 100 days, posting a change of +5.52%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for CPRT stands at 0.02. Similarly, the long-term debt-to-equity ratio is also 0.01.
CPRT Stock Stochastic Average
Today’s raw stochastic average for Copart, Inc over the last 50 days is 98.55%.This indicates a increase from the raw stochastic average of the past 20 days, which was 97.95%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 97.66% and 94.80%, respectively.
CPRT 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. Year to date metric has recorded a gain of 18.22%.However, over the last six months, we can see a weaker performance of 4.74%. Over the last 30 days, the price of CPRT has fallen by 5.62%. And in the last five days, it has surged by 4.49%.
