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The price of Custom Truck One Source Inc (NYSE: CTOS) closed at $3.22 in the last session, down -3.88% from day before closing price of $3.35. In other words, the price has decreased by -$3.88 from its previous closing price. On the day, 0.93 million shares were traded. CTOS stock price reached its highest trading level at $3.3661 during the session, while it also had its lowest trading level at $3.21.
Ratios:
We take a closer look at CTOS’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.20 and its Current Ratio is at 1.30. In the meantime, Its Debt-to-Equity ratio is 2.85 whereas as Long-Term Debt/Eq ratio is at 1.83.
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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 760599424 and an Enterprise Value of 3190185216. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.42 while its Price-to-Book (P/B) ratio in mrq is 0.89. Its current Enterprise Value per Revenue stands at 1.782 whereas that against EBITDA is 16.311.
Stock Price History:
The Beta on a monthly basis for CTOS is 0.64, which has changed by -0.45081967 over the last 52 weeks, in comparison to a change of 0.3069358 over the same period for the S&P500. Over the past 52 weeks, CTOS has reached a high of $7.00, while it has fallen to a 52-week low of $3.20. The 50-Day Moving Average of the stock is -19.67%, while the 200-Day Moving Average is calculated to be -36.79%.
Shares Statistics:
According to the various share statistics, CTOS traded on average about 644.30K shares per day over the past 3-months and 442720 shares per day over the past 10 days. A total of 241.01M shares are outstanding, with a floating share count of 54.57M. Insiders hold about 76.90% of the company’s shares, while institutions hold 19.22% stake in the company. Shares short for CTOS as of 1726185600 were 5092976 with a Short Ratio of 7.90, compared to 1723680000 on 4441155. Therefore, it implies a Short% of Shares Outstanding of 5092976 and a Short% of Float of 10.5299994.
