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. Cbiz Inc’s current trading price is -4.13% away from its 52-week high, while its distance from the 52-week low is 36.53%. The stock’s price range during this period has varied between $60.64 and $86.36. The company, active in the Industrials sector, saw a trading volume of around 0.18 million for the day, considerably lower average daily volume of 0.33 million observed over the last three months.
Cbiz Inc’s stock has seen a smooth market performance. The company’s stock achieved a 1-year high of $86.36 on 07/30/24, and the lowest price during that time was $60.64, recorded on 01/09/24.
How Financial Performance Impacts Market Capitalization
Cbiz Inc (CBZ) has experienced a quarterly rise of 27.90% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 4.16B and boasts a workforce of 6700 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 73.33, with a change in price of +13.12. Similarly, Cbiz Inc recorded 312,383 in trading volume during the last 100 days, posting a change of +18.83%.
How CBZ’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 CBZ stands at 0.61. Similarly, the long-term debt-to-equity ratio is also 0.57.
CBZ Stock Stochastic Average
As of today, the raw stochastic average of Cbiz Inc over the past 50 days is 92.05%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 96.74%. Additionally, the Stochastic %K and %D values for the company were 73.83% and 70.09%, respectively, over the past 20 days.
CBZ 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 1.17%. However, over the past six months, we’ve seen a weaker performance of 11.95%. The price of CBZ fallen by 4.93% over the last 30 days. And in the last five days, it has surged by 1.17%.
