Corvel Corp (CRVL): Investing In A Time Of Crisis

Corvel Corp (NASDAQ:CRVL) currently has a daily average trading volume of 120.29K but it saw 74528 shares traded in last market. With a market cap of 5.63B USD, the company’s current market price of $109.54 came rising about 0.71 while comparing to the previous closing price of $108.77. In past 52 weeks, the stock remained buoying in the range of price level as high as $127.24 and as low as $74.63. In the recent trading on the day, stock has struck highest price mark of $107.0708 while lowest mark touched by it was $110.0391.

Taking a look at 20-day trading activity of Corvel Corp (CRVL) gives us an average price of $114.01, while its current price level is -13.91% below from 52-week high level whereas it is 46.78% 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 $114.67 while that of 200 days or SMA-200 reads an average of $98.29. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.91% during that period while stretching the period over a month that increases to 3.27%. 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 41.44 which implies that the stock is in neutral territory.

Over the week, CRVL’s stock price is moving -1.55% down while it is -6.80% when we observe its performance for the past one month. Year-to-date it is -1.55% down and over the past year, the stock is showing an upside performance of 42.23%.

Currently, Corvel Corp’s total number of outstanding shares is 51.41M. Company’s return on investment (ROI) stands at 26.67% and return on equity (ROE) at 32.26%. It has a price to earnings ratio (P/E ratio) of 69.85. Stock’s beta reads 1.16. Stock has a price to book (P/B) ratio of 19.91 while price to sale or P/S ratio amounts to 6.66. Its return on asset (ROA) is 17.11% on average.