Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. Year to date metric has recorded a loss of -38.36%.However, over the last six months, we can see a stronger performance of -27.81%. Over the last 30 days, the price of CAG has leaped by -10.96%. And in the last five days, it has fallen by -2.66%.
At present, Conagra Brands Inc (CAG) has a stock price of $18.69. In the previous session, the stock saw a rise, peaking at $26.0 after an opening price of $18.69. The day’s lowest price was $18.0, and it closed at $18.51.
Conagra Brands Inc experienced a somewhat shaky performance in the stock market.
52-week price history of CAG Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Conagra Brands Inc’s current trading price is -43.77% away from its 52-week high, while its distance from the 52-week low is 2.78%. The stock’s price range during this period has varied between$18.18 and $33.24. The Conagra Brands Inc’s shares, which operate in the Consumer Defensive, saw a trading volume of around 10.95 million for the day, a figure considerably higher than their average daily volume of 9.4 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Conagra Brands Inc (CAG) has experienced a quarterly decline of -21.67% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 8.92B and boasts a workforce of 18300 employees.
Conagra Brands Inc: Analysts’ Ratings Unveiled
As of right now, 0 analyst is rating Conagra Brands Inc as a BUY, 3 of the polled analysts branded the stock as an OVERWEIGHT, 13 analysts are recommending to HOLD this stock, 1 of them gave the stock UNDERWEIGHT rating, and 1 analyst is rating the stock as SELL.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 22.84, with a change in price of -8.02. Similarly, Conagra Brands Inc recorded 8,321,677 in trading volume during the last 100 days, posting a change of -30.03%.
CAG’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for CAG stands at 0.93. Similarly, the long-term debt-to-equity ratio is also 0.72.
CAG Stock Stochastic Average
Conagra Brands Inc’s raw stochastic average for the past 50 days is presently 10.30%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 19.20%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 11.07% and 9.53%, respectively.