Market Resilience: Canadian Imperial Bank Of Commerce (CM) Finishes Weak at 59.99, Down -1.49

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Canadian Imperial Bank Of Commerce (NYSE: CM) closed the day trading at $59.99 down -1.49% from the previous closing price of $60.90. In other words, the price has decreased by -$1.49 from its previous closing price. On the day, 1.29 million shares were traded. CM stock price reached its highest trading level at $60.9 during the session, while it also had its lowest trading level at $59.86.

Ratios:

For a better understanding of CM, let’s look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 3.49 whereas as Long-Term Debt/Eq ratio is at 1.08.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CM now has a Market Capitalization of 56886718464 and an Enterprise Value of 54436343808. As of this moment, Canadian’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.81, and their Forward P/E ratio for the next fiscal year is 10.83. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.23. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.22 while its Price-to-Book (P/B) ratio in mrq is 1.49. Its current Enterprise Value per Revenue stands at 2.398.

Stock Price History:

Over the past 52 weeks, CM has reached a high of $62.67, while it has fallen to a 52-week low of $34.35. The 50-Day Moving Average of the stock is 7.12%, while the 200-Day Moving Average is calculated to be 20.03%.

Shares Statistics:

Over the past 3-months, CM traded about 1.27M shares per day on average, while over the past 10 days, CM traded about 1367960 shares per day. A total of 937.27M shares are outstanding, with a floating share count of 936.78M. Insiders hold about 0.05% of the company’s shares, while institutions hold 51.27% stake in the company. Shares short for CM as of 1726185600 were 19455110 with a Short Ratio of 15.35, compared to 1723680000 on 14638662.

Dividends & Splits

CM’s forward annual dividend rate is 2.67, up from 3.57 a year ago. Against a Trailing Annual Dividend Yield of 0.058620688The stock’s 5-year Average Dividend Yield is 5.26.

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