CDW Corp (NASDAQ:CDW) currently has a daily average trading volume of 950.95K but it saw 1057957 shares traded in last market. With a market cap of 28.94B USD, the company’s current market price of $216.68 came rising about 0.36 while comparing to the previous closing price of $215.90. In past 52 weeks, the stock remained buoying in the range of price level as high as $263.37 and as low as $185.04. In the recent trading on the day, stock has struck highest price mark of $214.08 while lowest mark touched by it was $217.1.
Taking a look at 20-day trading activity of CDW Corp (CDW) gives us an average price of $220.65, while its current price level is -17.73% below from 52-week high level whereas it is 17.10% 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 $223.27 while that of 200 days or SMA-200 reads an average of $228.29. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.61% during that period while stretching the period over a month that increases to 2.29%. 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 46.02 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 3.68% up while it is -9.66% when we observe its performance for the past one month. Year-to-date it is -4.68% down and over the past year, the stock is showing an upside performance of 4.87%.
Currently, CDW Corp’s total number of outstanding shares is 134.10M with 0.31% of that held by the insiders while 95.14% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 16.40% and return on equity (ROE) at 58.54%. It has a price to earnings ratio (P/E ratio) of 26.55 while having a 19.83 of forward P/E ratio. Stock’s beta reads 1.03. Stock has a price to book (P/B) ratio of 13.31 while price to sale or P/S ratio amounts to 1.38. Its return on asset (ROA) is 8.33% on average.
