Canadian Imperial Bank Of Commerce experienced a rather steady stock market performance. The highest value in the past year was recorded at $67.45 on 12/11/24 and the lowest value was $46.50 on 05/01/24.
52-week price history of CM Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Canadian Imperial Bank Of Commerce’s current trading price is -13.35% away from its 52-week high, while its distance from the 52-week low is 25.69%. The stock’s price range during the 52-week period has remained between $46.50 and $67.45. In the Financial sector, the company’s shares saw a trading volume of around 82913.0 for the day, which was evidently lower than the average daily volume of 0.95 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Canadian Imperial Bank Of Commerce (CM) has experienced a quarterly decline of -9.20% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 54.94B and boasts a workforce of 48525 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 62.27, with a change in price of -4.72. Similarly, Canadian Imperial Bank Of Commerce recorded 939,830 in trading volume during the last 100 days, posting a change of -7.47%.
Examining CM’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for CM stands at 3.51. Similarly, the long-term debt-to-equity ratio is also 1.08.
CM Stock Stochastic Average
As of today, Canadian Imperial Bank Of Commerce’s raw stochastic average for the last 50 days stands at 38.29%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 51.22%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 45.39% and 38.41%, respectively.
CM Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. The index has shown a price loss of -7.57% this year. Over the last six months, there has been a stronger performance of -4.98%. The price of CM leaped by -3.00% during the last 30 days period. For the last 5-days stocks have improved 2.90%.
