The trading price of Cadre Holdings Inc (NYSE:CDRE) closed lower on Friday, May 23, and closing at $32.69, -1.33% lower than its previous close.
The company’s P/E ratio in the trailing 12-month period was 34.80. In examining the 52-week price action we see that the stock hit a 52-week high of $40.28 and a 52-week low of $27.07. Over the past month, the stock has gained 8.68% in value.
Cadre Holdings Inc, whose market valuation is $1.33 billion at the time of this writing, is expected to release its quarterly earnings report in June. The dividend yield on the company stock is 1.12%, while its Forward Dividend ratio is 0.36. Investors’ optimism about the company’s current quarter earnings report is understandable.
On the technical side, indicators suggest CDRE has a 50% Sell on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 50% Sell, while an average of long term indicators suggests that the stock is currently 100% Sell.
Here is the average analyst rating on the stock as represented by 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock should be considered as either strong buy or strong sell respectively. The number of analysts that have assigned CDRE a recommendation rating is 2. Out of them, 0 rate it a Hold, while 2 recommend Buy, whereas 0 assign an Overweight rating. 0 analyst(s) have tagged Cadre Holdings Inc (CDRE) as Underweight, while 0 advise Sell. Analysts have rated the stock Buy, likely urging investors to take advantage of the opportunity to add to their holdings of the company’s shares.
If we dig deeper into the stock’s outlook, we see that the stock’s PEG is 1.81, which symbolizes a positive outlook. A quick review shows that CDRE’s price is currently -1.06% off the SMA20 and 3.84% off the SMA50. The RSI metric on the 14-day chart is currently showing 48.49, and weekly volatility stands at 1.58%. When measured over the past 30 days, the indicator reaches 4.53%. Cadre Holdings Inc (NYSE:CDRE)’s beta value is currently sitting at 1.36, while the Average True Range indicator is currently displaying 1.27.
To see how Cadre Holdings Inc stock has been performing in comparison to its peers in the industry, here are the numbers: CDRE stock’s performance was -1.33% in the latest trading, and 3.19% in the past year. Cadre Holdings Inc has a P/E ratio of 34.80.
An evaluation of the daily trading volume of Cadre Holdings Inc (NYSE:CDRE) indicates that the 3-month average is 298.36K.
Currently, records show that 40.66 million of the company’s shares remain outstanding. The insiders hold 32.76% of outstanding shares, whereas institutions hold 68.84%. However, since the stock’s price has seen 1.21% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
