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CL Stock Update: Colgate-Palmolive Co’s Banking’s Market Struggles and Potential Opportunities

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Colgate-Palmolive Co’s stock has seen a smooth market performance. The company’s stock achieved a 1-year high of $109.30 on 09/05/24, and the lowest price during that time was $82.68, recorded on 02/12/24.

52-week price history of CL Stock

Analyzing the 52-week price history of a stock, including its high and low prices, can provide valuable insight into its current status and potential future performance. Colgate-Palmolive Co’s current trading price is -20.38% away from its 52-week high, while its distance from the 52-week low is 5.26%. The stock’s price range for this period has remained between $82.68 and $109.30. The Consumer Defensive sector company’s shares managed to surpass a trading volume of around 6.88 million for the day, which was noticeably higher compared to the shares’ average daily volume of 4.75 million over the last three months.

Financial Performance and Market Capitalization

Colgate-Palmolive Co (CL) has experienced a quarterly decline of -8.06% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 71.10B and boasts a workforce of 34000 employees.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 95.28, with a change in price of -20.08. Similarly, Colgate-Palmolive Co recorded 4,674,625 in trading volume during the last 100 days, posting a change of -18.75%.

CL Debt-to-equity ratio analysis

The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for CL stands at 37.50. Similarly, the long-term debt-to-equity ratio is also 37.50.

CL Stock Stochastic Average

As of today, the raw stochastic average of Colgate-Palmolive Co over the past 50 days is 13.46%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 25.88%. Additionally, the Stochastic %K and %D values for the company were 43.33% and 55.36%, respectively, over the past 20 days.

CL Stock Price Performance Analysis

The stock price performance this year has been a mixed bag, which means people have different opinions about whether it’s been good or bad. Some may see it as optimistic, while others may view it as pessimistic. The index has shown a price loss of -4.27% this year. Over the last six months, there has been a stronger performance of -13.77%. The price of CL leaped by -4.27% during the last 30 days period. For the last 5-days stocks have slided -4.58%.

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