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. CVR Energy Inc’s current trading price is -47.83% away from its 52-week high, while its distance from the 52-week low is 27.31%. The stock’s price range during this period has varied between $15.60 and $38.07. The company, active in the Energy sector, saw a trading volume of around 3.45 million for the day, considerably higher average daily volume of 1.22 million observed over the last three months.
CVR Energy Inc’s stock has had a tumultuous market performance. The 1-year high for the company’s stock was $38.07 on 04/03/24, and the lowest price during the same period was recorded at $15.60 on 11/01/24.
How Financial Performance Impacts Market Capitalization
CVR Energy Inc (CVI) has experienced a quarterly rise of 5.92% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.00B and boasts a workforce of 1566 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 20.09, with a change in price of -3.02. Similarly, CVR Energy Inc recorded 1,382,158 in trading volume during the last 100 days, posting a change of -13.20%.
How CVI’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 CVI stands at 2.73. Similarly, the long-term debt-to-equity ratio is also 2.73.
CVI Stock Stochastic Average
As of today, the raw stochastic average of CVR Energy Inc over the past 50 days is 50.42%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 48.06%. Additionally, the Stochastic %K and %D values for the company were 30.48% and 23.86%, respectively, over the past 20 days.
CVI Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a gain of 5.98%.However, over the last six months, we can see a stronger performance of -23.11%. Over the last 30 days, the price of CVI has leaped by -5.79%. And in the last five days, it has surged by 1.79%.
