Comfort Systems USA, Inc. (NYSE: FIX) Trading above Its 20 Day MA ($328.42), Why Showing An Interesting Price Pattern?

Comfort Systems USA, Inc. (NYSE:FIX) does about 475.59K shares in volume on a normal day but saw 445596 shares change hands in the recent trading day. The company now has a market cap of 12.61B USD. Its current market price is $353.52, marking an increase of 1.78% compared to the previous close of $347.33. The 52 week high reached by this stock is $358.89 whilst the lowest price level in 52 weeks is $151.89.

Comfort Systems USA, Inc. (FIX) has a 20-day trading average at $328.42 and the current price is -1.50% off the 52-week high compared with 132.75% distance from its 52-week low. The 50-day simple moving average of the closing price is $318.18 and its 200-day simple moving average is $279.91. If we look at the stock’s price movements over the week, volatility stands at 3.67%, which increases to 4.10% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 63.81 to suggest the stock is neutral.

The consensus objective for the share price is $358.25, suggesting that the stock has a potential upside of 1.32% over the period.

The current price level is 8.42%, 11.32%, and 26.67% away from its SMA20, SMA50, and SMA200 respectively, with the FIX price moving above the 50-day SMA on current market day. Comfort Systems USA, Inc. (FIX) stock is up 4.44% over the week and 8.22% over the past month. Its price is 71.89% year-to-date and 92.44% over the past year.

To reach the target analysts have set, the stock logically needs to grow 1.32 percent from here.

The company has a return on investment of 24.20% and return on equity of 32.93%. The price to earnings ratio (P/E ratio) amounts to 29.68 while the forward price to earnings ratio is 22.43. The beta has a value of 1.13. Price to book ratio is 8.51 and price to sales ratio is 2.07.