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 44.75%.However, over the last six months, we can see a weaker performance of 12.52%. Over the last 30 days, the price of CVS has fallen by 20.31%. And in the last five days, it has surged by 1.20%.
CVS Health Corp’s market performance has been unstable in recent times. The company’s stock hit a 1-year high of $80.75 on 03/28/24 and a low of $43.56 for the same time frame on 12/23/24.
52-week price history of CVS Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. CVS Health Corp’s current trading price is -19.53% away from its 52-week high, while its distance from the 52-week low is 49.17%. The stock’s price range during this period has varied between$43.56 and $80.75. The CVS Health Corp’s shares, which operate in the Healthcare, saw a trading volume of around 7.3 million for the day, a figure considerably lower than their average daily volume of 13.3 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
CVS Health Corp (CVS) has experienced a quarterly rise of 14.28% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 81.93B 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 55.94, with a change in price of -2.48. Similarly, CVS Health Corp recorded 12,891,077 in trading volume during the last 100 days, posting a change of -3.68%.
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
As of today, CVS Health Corp’s raw stochastic average for the last 50 days stands at 90.04%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 82.23%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 86.64% and 87.84%, respectively.
