Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. CareTrust REIT Inc’s current trading price is -11.10% away from its 52-week high, while its distance from the 52-week low is 21.69%. The stock’s price range over this period has fluctuated between $24.22 and $33.15. The company, operating within the financial sector, had a trading volume of approximately 0.43 million for the day, which was noticeably lower than the average daily share volume of 1.91 million over the last 3 months.
CareTrust REIT Inc experienced a rather steady stock market performance. The highest value in the past year was recorded at $33.15 on 10/30/24 and the lowest value was $24.22 on 06/26/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
CareTrust REIT Inc (CTRE) has experienced a quarterly rise of 11.84% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 5.65B and boasts a workforce of 21 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 27.36, with a change in price of +0.66. Similarly, CareTrust REIT Inc recorded 1,928,339 in trading volume during the last 100 days, posting a change of +2.29%.
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 CTRE stands at 0.28. Similarly, the long-term debt-to-equity ratio is also 0.28.
CTRE Stock Stochastic Average
Today, CareTrust REIT Inc’s raw stochastic average for the past 50 days stands at 97.20%, indicating a rise from the raw stochastic average of the last 20 days, which was 96.59%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 85.64% and 84.81% respectively.
CTRE Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. The metric has seen a significant gain of 8.95% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -9.79%. Over the past 30 days, the price of CTRE has fallen by 5.36%. And in the last five days, it has surged by 2.36%.
