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The Significance of Moving Averages in Calumet Inc Inc. (CLMT) Price Performance

A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The metric has seen a significant loss of -22.77% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 43.62%. Over the past 30 days, the price of CLMT has leaped by -21.96%. And in the last five days, it has surged by 13.29%.

Calumet Inc ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $25.29 on 10/17/24, while the lowest value for the same period was recorded at $9.97 on 08/05/24.

52-week price history of CLMT Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Calumet Inc’s current trading price is -32.76% away from its 52-week high, while its distance from the 52-week low is 70.53%. The stock’s price range during this period has varied between$9.97 and $25.29. The Calumet Inc’s shares, which operate in the Energy, saw a trading volume of around 1.54 million for the day, a figure considerably higher than their average daily volume of 0.97 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

Calumet Inc (CLMT) has experienced a quarterly decline of -20.28% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.46B 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 20.01, with a change in price of +1.02. Similarly, Calumet Inc recorded 965,040 in trading volume during the last 100 days, posting a change of +6.38%.

CLMT Stock Stochastic Average

Calumet Inc’s raw stochastic average for the past 50 days is presently 24.75%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 24.75%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 32.37% and 29.90%, respectively.

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