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 gain of 46.65% this year. Over the last six months, there has been a weaker performance of 17.57%. The price of CVS fallen by 26.26% during the last 30 days period. For the last 5-days stocks have improved 21.88%.
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
Examining the 52-week high and low prices can provide valuable insights into a stock’s current status and future performance. CVS Health Corp’s current trading price is -18.48% away from its 52-week high, while its distance from the 52-week low is 51.12%. The stock’s price range during this time has been between $43.56 and $80.75. The trading volume for the Healthcare sector company’s shares reached about 10.12 million for the day, which was lower than the average daily volume of 13.7 million over the last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
CVS Health Corp (CVS) has experienced a quarterly rise of 21.84% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 83.00B 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 55.63, with a change in price of +8.32. Similarly, CVS Health Corp recorded 13,506,023 in trading volume during the last 100 days, posting a change of +14.47%.
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
Today, CVS Health Corp’s raw stochastic average for the past 50 days stands at 93.65%, indicating a rise from the raw stochastic average of the last 20 days, which was 90.29%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 92.63% and 81.01% respectively.
