CDW Corp (NASDAQ:CDW) currently has a daily average trading volume of 899.31K but it saw 999733 shares traded in last market. With a market cap of 30.81B USD, the company’s current market price of $229.21 came falling about -0.41 while comparing to the previous closing price of $230.15. In past 52 weeks, the stock remained buoying in the range of price level as high as $263.37 and as low as $184.99.
Taking a look at 20-day trading activity of CDW Corp (CDW) gives us an average price of $225.53, while its current price level is -12.97% below from 52-week high level whereas it is 23.90% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $225.86 while that of 200 days or SMA-200 reads an average of $227.39. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.09% during that period while stretching the period over a month that decreases to 2.03%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 52.14 which implies that the stock is in neutral territory.
Morgan Stanley downgraded its recommendation for the stock as a “Equal-Weight” from “Overweight” on December 12, 2023 while assigning a price target of $216. UBS issued its recommendations for the stock as it initiated the price target for the stock is $237.
Over the week, CDW’s stock price is moving -3.28% down while it is -1.04% when we observe its performance for the past one month. Year-to-date it is 0.83% up and over the past year, the stock is showing an upside performance of 20.64%.
Currently, CDW Corp’s total number of outstanding shares is 134.10M. Company’s return on investment (ROI) stands at 14.87% and return on equity (ROE) at 58.81%. It has a price to earnings ratio (P/E ratio) of 28.58 while having a 20.55 of forward P/E ratio. Stock’s beta reads 1.03. Stock has a price to book (P/B) ratio of 14.40 while price to sale or P/S ratio amounts to 1.46. Its return on asset (ROA) is 8.40% on average.
