Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
In the latest session, Custom Truck One Source Inc (NYSE: CTOS) closed at $4.61 down -5.92% from its previous closing price of $4.90. In other words, the price has decreased by -$5.92 from its previous closing price. On the day, 0.61 million shares were traded. CTOS stock price reached its highest trading level at $4.95 during the session, while it also had its lowest trading level at $4.56.
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 0.19 and its Current Ratio is at 1.28. In the meantime, Its Debt-to-Equity ratio is 3.04 whereas as Long-Term Debt/Eq ratio is at 1.92.
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 Sep 05 ’24 when ECP ControlCo, LLC sold 2,354,109 shares for $3.42 per share. The transaction valued at 8,051,053 led to the insider holds 23,384,879 shares of the business.
NESCO Holdings, LP sold 2,354,109 shares of CTOS for $8,051,053 on Sep 05 ’24. The 10% Owner now owns 23,384,879 shares after completing the transaction at $3.42 per share. On Sep 05 ’24, another insider, Nesco Holdings, L.P., who serves as the Former Director of the company, bought 1,942,535 shares for $3.80 each.
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 1076121600 and an Enterprise Value of 3610271744. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.60 while its Price-to-Book (P/B) ratio in mrq is 1.28. Its current Enterprise Value per Revenue stands at 2.002 whereas that against EBITDA is 19.729.
Stock Price History:
Over the past 52 weeks, CTOS has reached a high of $7.00, while it has fallen to a 52-week low of $3.03. The 50-Day Moving Average of the stock is -7.61%, while the 200-Day Moving Average is calculated to be 1.02%.
Shares Statistics:
For the past three months, CTOS has traded an average of 608.27K shares per day and 564870 over the past ten days. A total of 233.43M shares are outstanding, with a floating share count of 58.89M. Insiders hold about 74.77% of the company’s shares, while institutions hold 20.58% stake in the company. Shares short for CTOS as of 1734048000 were 4444850 with a Short Ratio of 7.31, compared to 1731628800 on 4212121. Therefore, it implies a Short% of Shares Outstanding of 4444850 and a Short% of Float of 9.75.
