Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Avis Budget Group Inc’s current trading price is -51.24% away from its 52-week high, while its distance from the 52-week low is 27.17%. The stock’s price range over this period has fluctuated between $65.73 and $171.43. The company, operating within the financial sector, had a trading volume of approximately 1.67 million for the day, which was noticeably higher than the average daily share volume of 0.58 million over the last 3 months.
Avis Budget Group Inc experienced a rather shaky stock market performance. The highest value in the past year was recorded at $171.43 on 02/13/24 and the lowest value was $65.73 on 09/10/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Avis Budget Group Inc (CAR) has experienced a quarterly decline of -10.07% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.94B and boasts a workforce of 24500 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 89.94, with a change in price of -1.49. Similarly, Avis Budget Group Inc recorded 644,345 in trading volume during the last 100 days, posting a change of -1.75%.
CAR Stock Stochastic Average
Today’s raw stochastic average for Avis Budget Group Inc over the last 50 days is 21.95%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 23.84%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 46.68% and 52.17%, respectively.
CAR 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. The index has shown a price gain of 3.70% this year. Over the last six months, there has been a weaker performance of 0.58%. The price of CAR leaped by -0.17% during the last 30 days period. For the last 5-days stocks have slided -5.01%.
