The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Core & Main Inc’s current trading price is 0.36% away from its 52-week high, while its distance from the 52-week low is 57.17%. The stock’s price range for this period has been between $37.22 and $58.29 The company’s shares, which are part of the Industrials sector, had a trading volume of approximately 2.07 million for the day, a number notably lower than the average daily volume of 2.13 million over the last three months.
The market performance of Core & Main Inc’s stock has been harmonious in recent times.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Core & Main Inc (CNM) has experienced a quarterly rise of 23.37% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 11.54B and boasts a workforce of 5700 employees.
Analyzing Trading Volume and Moving Average Trends
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 CNM stands at 1.48. Similarly, the long-term debt-to-equity ratio is also 1.42.
CNM Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. Year to date metric has recorded a gain of 14.91%.However, over the last six months, we can see a weaker performance of 24.18%. Over the last 30 days, the price of CNM has fallen by 8.57%. And in the last five days, it has surged by 6.50%.
