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. Cinemark Holdings Inc’s current trading price is -10.36% away from its 52-week high, while its distance from the 52-week low is 121.53%. The stock’s price range during this period has varied between $14.68 and $36.28. The company, active in the Communication Services sector, saw a trading volume of around 3.46 million for the day, considerably higher average daily volume of 2.32 million observed over the last three months.
Cinemark Holdings Inc had a pretty favorable run when it comes to the market performance. Over the past year, the company’s stock reached a high of $36.28 on 12/02/24, while the lowest price during the same period was $14.68 on 02/14/24.
How Financial Performance Impacts Market Capitalization
Cinemark Holdings Inc (CNK) has experienced a quarterly rise of 0.43% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.98B and boasts a workforce of 17500 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 30.41, with a change in price of +4.19. Similarly, Cinemark Holdings Inc recorded 2,366,836 in trading volume during the last 100 days, posting a change of +14.79%.
How CNK’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 CNK stands at 6.24. Similarly, the long-term debt-to-equity ratio is also 5.00.
CNK Stock Stochastic Average
As of today, the raw stochastic average of Cinemark Holdings Inc over the last 50 days is at 52.76%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 98.82%. Further, the company’s Stochastic %K and %D values for the last 20 days were 97.99% and 95.27%, respectively.
CNK Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price increase of 4.97%. However, over the past six months, we’ve seen a weaker performance of 22.58%. The price of CNK fallen by 10.80% over the last 30 days. And in the last five days, it has surged by 5.00%.
