Daily Progress: Custom Truck One Source Inc (CTOS) Gain 0.48, Closing at 4.22

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In the latest session, Custom Truck One Source Inc (NYSE: CTOS) closed at $4.22 up 0.48% from its previous closing price of $4.20. In other words, the price has increased by $0.48 from its previous closing price. On the day, 0.61 million shares were traded. CTOS stock price reached its highest trading level at $4.315 during the session, while it also had its lowest trading level at $4.19.

Ratios:

For a deeper understanding of Custom Truck One Source Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.22 and its Current Ratio is at 1.34. In the meantime, Its Debt-to-Equity ratio is 2.58 whereas as Long-Term Debt/Eq ratio is at 1.71.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, DA Davidson on February 16, 2023, initiated with a Buy rating and assigned the stock a target price of $12.

On December 13, 2022, JP Morgan started tracking the stock assigning a Neutral rating and target price of $7.50.

On March 30, 2022, Deutsche Bank started tracking the stock assigning a Buy rating and target price of $12.Deutsche Bank initiated its Buy rating on March 30, 2022, with a $12 target price.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jun 14 ’24 when Heinberg Marshall bought 10,000 shares for $4.34 per share. The transaction valued at 43,428 led to the insider holds 303,856 shares of the business.

NELSON GEORGIA R bought 12,000 shares of CTOS for $49,387 on May 08 ’24. The Director now owns 83,586 shares after completing the transaction at $4.12 per share. On May 08 ’24, another insider, McMonagle Ryan, who serves as the Chief Executive Officer of the company, bought 10,000 shares for $4.04 each. As a result, the insider paid 40,356 and bolstered with 496,587 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CTOS now has a Market Capitalization of 1014563904 and an Enterprise Value of 3316551680. As of this moment, Custom’s Price-to-Earnings (P/E) ratio for their current fiscal year is 46.12, and their Forward P/E ratio for the next fiscal year is 15.73. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.39. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.56 while its Price-to-Book (P/B) ratio in mrq is 1.13. Its current Enterprise Value per Revenue stands at 1.818 whereas that against EBITDA is 15.502.

Stock Price History:

Over the past 52 weeks, CTOS has reached a high of $7.53, while it has fallen to a 52-week low of $3.61. The 50-Day Moving Average of the stock is -8.51%, while the 200-Day Moving Average is calculated to be -25.61%.

Shares Statistics:

For the past three months, CTOS has traded an average of 688.50K shares per day and 664110 over the past ten days. A total of 241.01M shares are outstanding, with a floating share count of 83.52M. Insiders hold about 65.26% of the company’s shares, while institutions hold 16.76% stake in the company. Shares short for CTOS as of 1718323200 were 4027199 with a Short Ratio of 5.85, compared to 1715731200 on 3162557. Therefore, it implies a Short% of Shares Outstanding of 4027199 and a Short% of Float of 7.66.

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