A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. Custom Truck One Source Inc’s current trading price is -44.19% away from its 52-week high, while its distance from the 52-week low is 12.54%. The stock’s price range for this time frame has been between $3.03 and $6.11. The trading volume of the company’s shares in the Industrials reached around 1.07 million for the day, which was evidently higher than the average daily volume of 0.79 million over the last three months.
The market performance of Custom Truck One Source Inc has been somewhat unstable. Over the past year, the company’s stock achieved a high of $6.11 on 11/29/24, with the lowest value for the same timeframe being $3.03, recorded on 10/10/24.
How Financial Performance Impacts Market Capitalization
Custom Truck One Source Inc (CTOS) has experienced a quarterly decline of -23.88% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 769.47M and boasts a workforce of 2619 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 4.84, with a change in price of -1.64. Similarly, Custom Truck One Source Inc recorded 736,994 in trading volume during the last 100 days, posting a change of -32.48%.
How CTOS’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for CTOS stands at 2.82. Similarly, the long-term debt-to-equity ratio is also 1.87.
CTOS Stock Stochastic Average
The raw stochastic average for Custom Truck One Source Inc over the last 50 days is presently at 10.00%. This reflects a drop from the raw stochastic average of the previous 20 days, which was noted at 11.06%. Further, the company’s Stochastic %K and %D values for the last 20 days were 14.90% and 16.83%, respectively.
CTOS Stock Price Performance Analysis
The stock price performance this year has been a mixed bag, which means people have different opinions about whether it’s been good or bad. Some may see it as optimistic, while others may view it as pessimistic. The index has shown a price loss of -29.11% this year. Over the last six months, there has been a stronger performance of -0.29%. The price of CTOS leaped by -27.91% during the last 30 days period. For the last 5-days stocks have improved 0.59%.
