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. Colgate-Palmolive Co’s current trading price is -17.79% away from its 52-week high, while its distance from the 52-week low is 8.68%. The stock’s price range during this period has varied between $82.68 and $109.30. The company, active in the Consumer Defensive sector, saw a trading volume of around 4.79 million for the day, considerably higher average daily volume of 4.67 million observed over the last three months.
The market performance of Colgate-Palmolive Co has been somewhat stable. Over the past year, the company’s stock achieved a high of $109.30 on 09/05/24, with the lowest value for the same timeframe being $82.68, recorded on 02/12/24.
How Financial Performance Impacts Market Capitalization
Colgate-Palmolive Co (CL) has experienced a quarterly decline of -9.91% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 73.42B and boasts a workforce of 34000 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 96.06, with a change in price of -17.92. Similarly, Colgate-Palmolive Co recorded 4,582,793 in trading volume during the last 100 days, posting a change of -16.63%.
How CL’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 CL stands at 19.39. Similarly, the long-term debt-to-equity ratio is also 18.18.
CL Stock Stochastic Average
As of today, the raw stochastic average of Colgate-Palmolive Co over the last 50 days is at 33.00%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 58.16%. Further, the company’s Stochastic %K and %D values for the last 20 days were 55.10% and 42.70%, respectively.
CL Stock Price Performance Analysis
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. Year to date metric has recorded a loss of -1.15%.However, over the last six months, we can see a stronger performance of -9.59%. Over the last 30 days, the price of CL has leaped by -2.74%. And in the last five days, it has surged by 1.85%.
