Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Cardinal Health, Inc’s current trading price is -7.31% away from its 52-week high, while its distance from the 52-week low is 25.58%. The stock’s price range during this period has varied between $93.17 and $126.23. The company, active in the Healthcare sector, saw a trading volume of around 2.47 million for the day, considerably higher average daily volume of 2.1 million observed over the last three months.
The stock market performance of Cardinal Health, Inc has been very steady. Over the last year, the company’s stock hit its highest at $126.23 on 12/04/24, while the lowest price during the same time frame was $93.17, recorded on 07/15/24.
How Financial Performance Impacts Market Capitalization
Cardinal Health, Inc (CAH) has experienced a quarterly rise of 4.61% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 28.32B and boasts a workforce of 48900 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 113.13, with a change in price of +16.74. Similarly, Cardinal Health, Inc recorded 2,037,504 in trading volume during the last 100 days, posting a change of +16.70%.
CAH Stock Stochastic Average
As of today, the raw stochastic average of Cardinal Health, Inc over the last 50 days is at 52.05%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 20.64%. Further, the company’s Stochastic %K and %D values for the last 20 days were 14.13% and 10.51%, respectively.
CAH Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. This year’s metric has recorded a Price increase of 16.07%. However, over the past six months, we’ve seen a weaker performance of 11.82%. The price of CAH leaped by -1.12% over the last 30 days. And in the last five days, it has fallen by -0.39%.
