CoreCivic Inc (NYSE:CXW) currently has a daily average trading volume of 1.18M but it saw 711311 shares traded in last market. With a market cap of 2.35B USD, the company’s current market price of $21.57 came falling about -0.69 while comparing to the previous closing price of $21.72. In past 52 weeks, the stock remained buoying in the range of price level as high as $24.99 and as low as $10.74.
Taking a look at 20-day trading activity of CoreCivic Inc (CXW) gives us an average price of $22.19, while its current price level is -13.69% below from 52-week high level whereas it is 100.84% 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 $20.96 while that of 200 days or SMA-200 reads an average of $18.18. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.92% during that period while stretching the period over a month that decreases to 3.45%. 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 47.33 which implies that the stock is in neutral territory.
Wedbush upgraded its recommendation for the stock as a “Outperform” from “Neutral” on December 10, 2024 while assigning a price target range of $19-$30. Wedbush issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $19 and $14.
Over the week, CXW’s stock price is moving -4.56% down while it is 0.28% when we observe its performance for the past one month. Year-to-date it is -0.78% down and over the past year, the stock is showing an upside performance of 38.62%.
Currently, CoreCivic Inc’s total number of outstanding shares is 109.32M with 2.17% of that held by the insiders while 88.71% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 3.45% and return on equity (ROE) at 5.79%. It has a price to earnings ratio (P/E ratio) of 28.21 while having a 14.64 of forward P/E ratio. Stock’s beta reads 0.79. Stock has a price to book (P/B) ratio of 1.60 while price to sale or P/S ratio amounts to 1.21. Its return on asset (ROA) is 2.80% on average.
