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 5.21%.However, over the last six months, we can see a stronger performance of -4.46%. Over the last 30 days, the price of CTAS has leaped by -5.77%. And in the last five days, it has fallen by -6.37%.
Cintas Corporation’s market performance has been stable in recent times. The company’s stock hit a 1-year high of $228.12 on 11/26/24 and a low of $154.82 for the same time frame on 03/13/24.
52-week price history of CTAS Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Cintas Corporation’s current trading price is -15.74% away from its 52-week high, while its distance from the 52-week low is 24.15%. The stock’s price range during this period has varied between$154.82 and $228.12. The Cintas Corporation’s shares, which operate in the Industrials, saw a trading volume of around 2.34 million for the day, a figure considerably higher than their average daily volume of 1.95 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Cintas Corporation (CTAS) has experienced a quarterly decline of -14.08% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 77.57B and boasts a workforce of 46500 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 205.70, with a change in price of -18.49. Similarly, Cintas Corporation recorded 1,724,736 in trading volume during the last 100 days, posting a change of -8.78%.
CTAS’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 CTAS stands at 0.66. Similarly, the long-term debt-to-equity ratio is also 0.51.
CTAS Stock Stochastic Average
As of today, Cintas Corporation’s raw stochastic average for the last 50 days stands at 38.91%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 1.86%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 8.99% and 18.84%, respectively.
