The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a gain of 27.96%.However, over the last six months, we can see a weaker performance of 6.69%. Over the last 30 days, the price of CNK has fallen by 9.01%. And in the last five days, it has fallen by -0.55%.
Cinemark Holdings Inc’s market performance has been stable in recent times. The company’s stock hit a 1-year high of $19.85 on 10/06/23 and a low of $12.26 for the same time frame on 03/20/23.
52-week price history of CNK Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Cinemark Holdings Inc’s current trading price is -9.17% away from its 52-week high, while its distance from the 52-week low is 47.06%. The stock’s price range during this period has varied between$12.26 and $19.85. The Cinemark Holdings Inc’s shares, which operate in the Communication Services, saw a trading volume of around 4.04 million for the day, a figure considerably higher than their average daily volume of 3.17 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Cinemark Holdings Inc (CNK) has experienced a quarterly rise of 17.92% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.19B and boasts a workforce of 17500 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 15.19, with a change in price of +2.66. Similarly, Cinemark Holdings Inc recorded 3,157,340 in trading volume during the last 100 days, posting a change of +17.31%.
CNK’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 CNK stands at 11.47. Similarly, the long-term debt-to-equity ratio is also 10.71.
CNK Stock Stochastic Average
As of today, Cinemark Holdings Inc’s raw stochastic average for the last 50 days stands at 80.27%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 65.76%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 71.33% and 79.48%, respectively.
