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. CubeSmart’s current trading price is -21.80% away from its 52-week high, while its distance from the 52-week low is 8.34%. The stock’s price range over this period has fluctuated between $39.80 and $55.14. The company, operating within the financial sector, had a trading volume of approximately 0.8 million for the day, which was noticeably lower than the average daily share volume of 1.39 million over the last 3 months.
CubeSmart experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $55.14 on 09/18/24, while the lowest price for the same period was registered at $39.80 on 05/29/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
CubeSmart (CUBE) has experienced a quarterly decline of -20.48% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 9.80B and boasts a workforce of 3040 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 49.62, with a change in price of -4.47. Similarly, CubeSmart recorded 1,312,505 in trading volume during the last 100 days, posting a change of -9.38%.
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 CUBE stands at 1.06. Similarly, the long-term debt-to-equity ratio is also 1.06.
CUBE Stock Stochastic Average
Today’s raw stochastic average for CubeSmart over the last 50 days is 15.31%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 15.59%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 5.42% and 2.54%, respectively.
CUBE 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 loss of -6.97%.However, over the last six months, we can see a stronger performance of -5.88%. Over the last 30 days, the price of CUBE has leaped by -10.75%. And in the last five days, it has fallen by -6.81%.
