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. Custom Truck One Source Inc’s current trading price is -23.21% away from its 52-week high, while its distance from the 52-week low is 59.41%. The stock’s price range during this period has varied between $3.03 and $6.29. The company, active in the Industrials sector, saw a trading volume of around 2.56 million for the day, considerably higher average daily volume of 0.7 million observed over the last three months.
Custom Truck One Source Inc’s stock has seen a rocky market performance. The company’s stock achieved a 1-year high of $6.29 on 04/04/24, and the lowest price during that time was $3.03, recorded on 10/10/24.
How Financial Performance Impacts Market Capitalization
Custom Truck One Source Inc (CTOS) has experienced a quarterly decline of -19.23% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.13B and boasts a workforce of 2580 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 4.74, with a change in price of +1.71. Similarly, Custom Truck One Source Inc recorded 678,991 in trading volume during the last 100 days, posting a change of +54.81%.
How CTOS’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 CTOS stands at 3.04. Similarly, the long-term debt-to-equity ratio is also 1.92.
CTOS Stock Stochastic Average
As of today, the raw stochastic average of Custom Truck One Source Inc over the last 50 days is at 59.50%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 59.50%. Further, the company’s Stochastic %K and %D values for the last 20 days were 23.18% and 11.90%, respectively.
CTOS Stock Price Performance Analysis
The performance of the stock price over the year has been up and down, leaving investors with either an optimistic or pessimistic outlook, depending on how they interpret the data. The index has shown a price gain of 0.42% this year. Over the last six months, there has been a weaker performance of 17.80%. The price of CTOS fallen by 1.05% during the last 30 days period. For the last 5-days stocks have improved 7.81%.
