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. Year to date metric has recorded a loss of -3.82%.However, over the last six months, we can see a weaker performance of 15.34%. Over the last 30 days, the price of CVS has fallen by 1.15%. And in the last five days, it has surged by 2.77%.
CVS Health Corp experienced a rather shaky stock market performance. The highest value in the past year was recorded at $83.25 on 01/08/24 and the lowest value was $64.41 on 11/01/23.
52-week price history of CVS Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. CVS Health Corp’s current trading price is -8.78% away from its 52-week high, while its distance from the 52-week low is 17.90%. The stock’s price range during this period has varied between$64.41 and $83.25. The CVS Health Corp’s shares, which operate in the Healthcare, saw a trading volume of around 6.25 million for the day, a figure considerably lower than their average daily volume of 11.1 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
CVS Health Corp (CVS) has experienced a quarterly rise of 2.61% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 95.57B and boasts a workforce of 300000 employees.
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 73.54, with a change in price of +4.45. Similarly, CVS Health Corp recorded 9,776,844 in trading volume during the last 100 days, posting a change of +6.22%.
CVS’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 CVS stands at 1.04. Similarly, the long-term debt-to-equity ratio is also 0.98.
CVS Stock Stochastic Average
CVS Health Corp’s raw stochastic average for the past 50 days is presently 44.02%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 55.13%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 39.23% and 30.59%, respectively.
