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. Columbus Mckinnon Corp’s current trading price is -23.12% away from its 52-week high, while its distance from the 52-week low is 20.44%. The stock’s price range over this period has fluctuated between $29.26 and $45.84. The company, operating within the financial sector, had a trading volume of approximately 0.18 million for the day, which was noticeably lower than the average daily share volume of 0.24 million over the last 3 months.
Columbus Mckinnon Corp experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $45.84 on 05/20/24, while the lowest price for the same period was registered at $29.26 on 09/11/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Columbus Mckinnon Corp (CMCO) has experienced a quarterly rise of 2.29% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.01B and boasts a workforce of 3515 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 35.16, with a change in price of +2.35. Similarly, Columbus Mckinnon Corp recorded 234,158 in trading volume during the last 100 days, posting a change of +7.15%.
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 CMCO stands at 0.64. Similarly, the long-term debt-to-equity ratio is also 0.57.
CMCO Stock Stochastic Average
Today’s raw stochastic average for Columbus Mckinnon Corp over the last 50 days is 47.99%.This indicates a increase from the raw stochastic average of the past 20 days, which was 14.29%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 12.78% and 15.50%, respectively.
CMCO 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 -5.37%.However, over the last six months, we can see a weaker performance of 7.64%. Over the last 30 days, the price of CMCO has leaped by -11.26%. And in the last five days, it has fallen by -5.37%.
