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. Avis Budget Group Inc’s current trading price is -53.46% away from its 52-week high, while its distance from the 52-week low is 13.92%. The stock’s price range during this period has varied between $54.03 and $132.25. The company, active in the Industrials sector, saw a trading volume of around 1.35 million for the day, considerably higher average daily volume of 0.87 million observed over the last three months.
Avis Budget Group Inc’s stock has had a tumultuous market performance. The 1-year high for the company’s stock was $132.25 on 05/14/24, and the lowest price during the same period was recorded at $54.03 on 03/13/25.
How Financial Performance Impacts Market Capitalization
Avis Budget Group Inc (CAR) has experienced a quarterly decline of -23.99% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.16B and boasts a workforce of 24000 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 86.78, with a change in price of -25.55. Similarly, Avis Budget Group Inc recorded 807,879 in trading volume during the last 100 days, posting a change of -29.33%.
CAR Stock Stochastic Average
As of today, the raw stochastic average of Avis Budget Group Inc over the past 50 days is 17.11%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 26.84%. Additionally, the Stochastic %K and %D values for the company were 21.43% and 18.95%, respectively, over the past 20 days.
CAR 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 loss of -23.64%.However, over the last six months, we can see a stronger performance of -28.87%. Over the last 30 days, the price of CAR has leaped by -26.24%. And in the last five days, it has surged by 1.07%.
