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. Centerra Gold Inc’s current trading price is -25.70% away from its 52-week high, while its distance from the 52-week low is 30.12%. The stock’s price range during this period has varied between $4.47 and $7.82. The company, active in the Basic Materials sector, saw a trading volume of around 0.81 million for the day, considerably lower average daily volume of 0.95 million observed over the last three months.
Centerra Gold Inc’s stock has had a calm market performance. The 1-year high for the company’s stock was $7.82 on 09/26/24, and the lowest price during the same period was recorded at $4.47 on 02/13/24.
How Financial Performance Impacts Market Capitalization
Centerra Gold Inc (CGAU) has experienced a quarterly decline of -18.40% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.23B and boasts a workforce of 1236 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 6.53, with a change in price of -1.66. Similarly, Centerra Gold Inc recorded 982,323 in trading volume during the last 100 days, posting a change of -22.22%.
How CGAU’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 CGAU stands at 0.01. Similarly, the long-term debt-to-equity ratio is also 0.01.
CGAU Stock Stochastic Average
As of today, the raw stochastic average of Centerra Gold Inc over the past 50 days is 21.71%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 50.41%. Additionally, the Stochastic %K and %D values for the company were 61.85% and 57.33%, respectively, over the past 20 days.
CGAU 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. Year to date metric has recorded a gain of 2.11%.However, over the last six months, we can see a stronger performance of -17.24%. Over the last 30 days, the price of CGAU has leaped by -1.36%. And in the last five days, it has surged by 0.17%.
