A major move is in the offing as Custom Truck One Source Inc (CTOS) market cap hits 807.84 million

Custom Truck One Source Inc (NYSE: CTOS) kicked off on Friday, up 8.57% from the previous trading day, before settling in for the closing price of $3.15. Over the past 52 weeks, CTOS has traded in a range of $3.03-$7.00.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Industrials sector was 72.15%. While this was happening, its average annual earnings per share was recorded -164.06%. With a float of $54.57 million, this company’s outstanding shares have now reached $241.01 million.

Considering the fact that the conglomerate employs 2580 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 22.01%, operating margin of 7.68%, and the pretax margin is -0.41%.

Custom Truck One Source Inc (CTOS) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Rental & Leasing Services Industry. The insider ownership of Custom Truck One Source Inc is 76.90%, while institutional ownership is 19.22%. The most recent insider transaction that took place on Sep 05 ’24, was worth 8,051,053. In this transaction 10% Owner of this company sold 2,354,109 shares at a rate of $3.42, taking the stock ownership to the 23,384,879 shares. Before that another transaction happened on Sep 05 ’24, when Company’s 10% Owner sold 2,354,109 for $3.42, making the entire transaction worth $8,051,053. This insider now owns 23,384,879 shares in total.

Custom Truck One Source Inc (CTOS) Earnings and Forecasts

In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 0.04 earnings per share (EPS), lower than consensus estimate (set at 0.05) by -0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.05 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -164.06% per share during the next fiscal year.

Custom Truck One Source Inc (NYSE: CTOS) Trading Performance Indicators

Take a look at Custom Truck One Source Inc’s (CTOS) current performance indicators. Last quarter, stock had a quick ratio of 0.20. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.45.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.06, a number that is poised to hit -0.03 in the next quarter and is forecasted to reach 0.05 in one year’s time.

Technical Analysis of Custom Truck One Source Inc (CTOS)

Compared to the last year’s volume of 0.61 million, its volume of 0.62 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 40.72%. Additionally, its Average True Range was 0.18.

During the past 100 days, Custom Truck One Source Inc’s (CTOS) raw stochastic average was set at 16.96%, which indicates a significant decrease from 53.43% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 54.71% in the past 14 days, which was higher than the 53.22% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $3.83, while its 200-day Moving Average is $5.01. Nevertheless, the first resistance level for the watch stands at $3.52 in the near term. At $3.61, the stock is likely to face the second major resistance level. The third major resistance level sits at $3.81. If the price goes on to break the first support level at $3.23, it is likely to go to the next support level at $3.03. Should the price break the second support level, the third support level stands at $2.94.

Custom Truck One Source Inc (NYSE: CTOS) Key Stats

The company with the Market Capitalisation of 807.84 million has total of 240,418K Shares Outstanding. Its annual sales at the moment are 1,865 M in contrast with the sum of 50,710 K annual income. Company’s last quarter sales were recorded 423,010 K and last quarter income was -24,480 K.