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Navigating CLMT’s Stock Market Maze: Ups and Downs in 2023

Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. The metric has seen a significant loss of -27.16% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 14.82%. Over the past 30 days, the price of CLMT has leaped by -25.74%. And in the last five days, it has fallen by -27.09%.

Calumet Inc saw a rather unpredictable run in, in terms of market performance. The company’s stock reached its highest point at $25.29 on 10/17/24, while the lowest price for the same duration was marked at $9.97 on 08/05/24.

52-week price history of CLMT Stock

Examining the 52-week high and low prices can provide valuable insights into a stock’s current status and future performance. Calumet Inc’s current trading price is -36.58% away from its 52-week high, while its distance from the 52-week low is 60.85%. The stock’s price range during this time has been between $9.97 and $25.29. The trading volume for the Energy sector company’s shares reached about 2.71 million for the day, which was higher than the average daily volume of 0.85 million over the last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

Calumet Inc (CLMT) has experienced a quarterly decline of -26.66% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.38B and boasts a workforce of 1580 employees.

Combining Moving Average and Trading Volume Data for Better Market Insight

Based on Barchart.com data, the company’s moving average over the 100-day period was 20.12, with a change in price of -4.22. Similarly, Calumet Inc recorded 891,079 in trading volume during the last 100 days, posting a change of -20.83%.

CLMT Stock Stochastic Average

Today, Calumet Inc’s raw stochastic average for the past 50 days stands at 9.29%, indicating a rise from the raw stochastic average of the last 20 days, which was 9.29%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 16.21% and 12.57% respectively.

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