Calavo Growers, Inc (NASDAQ:CVGW) shares, rose in value on Wednesday, June 18, with the stock price up by 1.19% to the previous day’s close as strong demand from buyers drove the stock to $27.28.
Actively observing the price movement in the last trading, the stock closed the session at $26.96. The PE ratio was 47.69 over 12-month period. Referring to stock’s 52-week performance, its high was $30.02, and the low was $20.30. On the whole, CVGW has fluctuated by 1.75% over the past month.
With the market capitalization of Calavo Growers, Inc currently standing at about $486.60 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Jun-09. The company’s Forward Dividend Ratio is 0.70, with its dividend yield at 2.57%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 706.31M, with a low estimate of 183M and a high estimate of 201.6M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 195.2M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that CVGW’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the price of CVGW currently trading nearly 2.52% and 3.89% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 53.72, while the 7-day volatility ratio is showing 1.61% which for the 30-day chart, stands at 5.79%. Furthermore, Calavo Growers, Inc (CVGW)’s beta value is 0.40, and its average true range (ATR) is 1.26.
A comparison of Calavo Growers, Inc (CVGW) with its peers suggests the former has fared considerably weaker in the market. CVGW showed an intraday change of 1.19% in last session, and over the past year, it grew by 8.17%%.
Data on historical trading for Calavo Growers, Inc (NASDAQ:CVGW) indicates that the trading volumes over the past 3 months, they’ve averaged 314.29K. According to company’s latest data on outstanding shares, there are 17.84 million shares outstanding.
Nearly 6.74% of Calavo Growers, Inc’s shares belong to company insiders and institutional investors own 73.13% of the company’s shares. The stock has risen by 6.98% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the CVGW stock heading into the next quarter.
