The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Cinemark Holdings Inc’s current trading price is -26.07% away from its 52-week high, while its distance from the 52-week low is 64.34%. The stock’s price range for this period has been between $16.32 and $36.28 The company’s shares, which are part of the Communication Services sector, had a trading volume of approximately 6.63 million for the day, a number notably higher than the average daily volume of 3.74 million over the last three months.
In terms of market performance, Cinemark Holdings Inc had a fairly even. The highest value for the stock in the past year was $36.28 on 12/02/24, and the lowest value was recorded at $16.32 on 06/05/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Cinemark Holdings Inc (CNK) has experienced a quarterly decline of -12.38% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.16B and boasts a workforce of 29200 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 29.25, with a change in price of -5.92. Similarly, Cinemark Holdings Inc recorded 3,262,798 in trading volume during the last 100 days, posting a change of -18.08%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for CNK stands at 5.81. Similarly, the long-term debt-to-equity ratio is also 4.65.
CNK Stock Stochastic Average
As of today, Cinemark Holdings Inc’s raw stochastic average for the last 50 days stands at 36.06%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 86.35%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 64.85% and 52.38%, respectively.
CNK Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. The metric has seen a significant loss of -13.43% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -0.56%. Over the past 30 days, the price of CNK has fallen by 11.47%. And in the last five days, it has surged by 8.19%.
