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 gain of 24.64%.However, over the last six months, we can see a stronger performance of -6.80%. Over the last 30 days, the price of CVS has fallen by 24.64%. And in the last five days, it has fallen by -0.44%.
CVS Health Corp experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $80.75 on 03/28/24, while the lowest price for the same period was registered at $43.56 on 12/23/24.
52-week price history of CVS Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. CVS Health Corp’s current trading price is -30.71% away from its 52-week high, while its distance from the 52-week low is 28.44%. The stock’s price range during this period has varied between$43.56 and $80.75. The CVS Health Corp’s shares, which operate in the Healthcare, saw a trading volume of around 8.63 million for the day, a figure considerably lower than their average daily volume of 13.89 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
CVS Health Corp (CVS) has experienced a quarterly decline of -0.78% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 70.41B and boasts a workforce of 300000 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 55.57, with a change in price of -0.52. Similarly, CVS Health Corp recorded 12,847,109 in trading volume during the last 100 days, posting a change of -0.92%.
CVS’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for CVS stands at 1.10. Similarly, the long-term debt-to-equity ratio is also 1.00.
CVS Stock Stochastic Average
CVS Health Corp’s raw stochastic average for the past 50 days is presently 73.27%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 82.48%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 85.85% and 88.71%, respectively.
