In the past week, CTOS stock has gone up by 1.80%, with a monthly gain of 52.69% and a quarterly surge of 15.12%. The volatility ratio for the week is 3.75%, and the volatility levels for the last 30 days are 5.85% for Custom Truck One Source Inc The simple moving average for the last 20 days is 23.43% for CTOS’s stock, with a simple moving average of 7.68% for the last 200 days.
Is It Worth Investing in Custom Truck One Source Inc (NYSE: CTOS) Right Now?
The 36-month beta value for CTOS is at 0.71. Analysts have varying views on the stock, with 2 analysts rating it as a “buy,” 2 rating it as “overweight,” 2 as “hold,” and 0 as “sell.”
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The public float for CTOS is 53.93M, and currently, shorts hold a 8.53% of that float. The average trading volume for CTOS on November 15, 2024 was 602.24K shares.
CTOS) stock’s latest price update
The stock of Custom Truck One Source Inc (NYSE: CTOS) has increased by 2.00 when compared to last closing price of 5.00.Despite this, the company has seen a gain of 1.80% in its stock price over the last five trading days. globenewswire.com reported 2024-11-07 that – Long-term follow-up data highlight further reductions in tumor size, increase in ORR with additional CRs, sustained improvement in desmoid tumor symptoms, and consistent safety profile, now with a median duration of therapy of approximately 3 years –
Analysts’ Opinion of CTOS
Many brokerage firms have already submitted their reports for CTOS stocks, with DA Davidson repeating the rating for CTOS by listing it as a “Buy.” The predicted price for CTOS in the upcoming period, according to DA Davidson is $12 based on the research report published on February 16, 2023 of the previous year 2023.
JP Morgan, on the other hand, stated in their research note that they expect to see CTOS reach a price target of $7.50. The rating they have provided for CTOS stocks is “Neutral” according to the report published on December 13th, 2022.
Deutsche Bank gave a rating of “Buy” to CTOS, setting the target price at $12 in the report published on March 30th of the previous year.
CTOS Trading at 36.29% from the 50-Day Moving Average
After a stumble in the market that brought CTOS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -27.14% of loss for the given period.
Volatility was left at 5.85%, however, over the last 30 days, the volatility rate increased by 3.75%, as shares surge +50.44% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +36.36% upper at present.
During the last 5 trading sessions, CTOS rose by +1.80%, which changed the moving average for the period of 200-days by -22.02% in comparison to the 20-day moving average, which settled at $4.13. In addition, Custom Truck One Source Inc saw -17.48% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CTOS starting from ECP ControlCo, LLC, who sale 2,354,109 shares at the price of $3.42 back on Sep 05 ’24. After this action, ECP ControlCo, LLC now owns 23,384,879 shares of Custom Truck One Source Inc, valued at $8,051,053 using the latest closing price.
NESCO Holdings, LP, the 10% Owner of Custom Truck One Source Inc, sale 2,354,109 shares at $3.42 during a trade that took place back on Sep 05 ’24, which means that NESCO Holdings, LP is holding 23,384,879 shares at $8,051,053 based on the most recent closing price.
Stock Fundamentals for CTOS
Current profitability levels for the company are sitting at:
- 0.09 for the present operating margin
- 0.21 for the gross margin
The net margin for Custom Truck One Source Inc stands at -0.03. The total capital return value is set at 49.37. Equity return is now at value -4.58, with -1.18 for asset returns.
Based on Custom Truck One Source Inc (CTOS), the company’s capital structure generated 1.0 points at debt to capital in total, while cash flow to debt ratio is standing at -0.03. The debt to equity ratio resting at 2974.42. The interest coverage ratio of the stock is 0.76.
Currently, EBITDA for the company is 233.42 million with net debt to EBITDA at 7.93. When we switch over and look at the enterprise to sales, we see a ratio of 2.75. The receivables turnover for the company is 7705.89for trailing twelve months and the total asset turnover is 378.92. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.28.
Conclusion
In conclusion, Custom Truck One Source Inc (CTOS) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
