CoreCivic Inc (CXW) 20 Days SMA touches 55.77%: The odds favor the bear

CoreCivic Inc (NYSE: CXW) on Monday, soared 6.31% from the previous trading day, before settling in for the closing price of $22.52. Within the past 52 weeks, CXW’s price has moved between $10.74 and $24.99.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Industrials Sector giant saw their annual sales surged by 0.74% over the last five years. The company achieved an average annual earnings per share of -8.14%. With a float of $107.32 million, this company’s outstanding shares have now reached $112.73 million.

The firm has a total of 11194 workers. Let’s measure their productivity. In terms of profitability, gross margin is 19.48%, operating margin of 11.96%, and the pretax margin is 5.25%.

CoreCivic Inc (CXW) Insider Activity

Observing investor behavior towards Security & Protection Services industry stocks is more important than anything else. The insider ownership of CoreCivic Inc is 2.68%, while institutional ownership is 86.41%. The most recent insider transaction that took place on Nov 01 ’24, was worth 111,840. In this transaction EVP,General Counsel, Secretary of this company sold 8,000 shares at a rate of $13.98, taking the stock ownership to the 199,847 shares. Before that another transaction happened on Nov 01 ’24, when Company’s Officer proposed sale 8,000 for $13.75, making the entire transaction worth $110,000.

CoreCivic Inc (CXW) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around -8.14% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.00% during the next five years compared to -15.16% drop over the previous five years of trading.

CoreCivic Inc (NYSE: CXW) Trading Performance Indicators

CoreCivic Inc (CXW) is currently performing well based on its current performance indicators. A quick ratio of 1.51 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.36. Likewise, its price to free cash flow for the trailing twelve months is 15.18.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.68, a number that is poised to hit 0.10 in the next quarter and is forecasted to reach 0.86 in one year’s time.

Technical Analysis of CoreCivic Inc (CXW)

Analysing the last 5-days average volume posted by the [CoreCivic Inc, CXW], we can find that recorded value of 3.84 million was better than the volume posted last year of 0.99 million. As of the previous 9 days, the stock’s Stochastic %D was 89.56%. Additionally, its Average True Range was 1.29.

During the past 100 days, CoreCivic Inc’s (CXW) raw stochastic average was set at 92.37%, which indicates a significant increase from 91.48% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 136.44% in the past 14 days, which was higher than the 65.74% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $13.89, while its 200-day Moving Average is $14.22. Now, the first resistance to watch is $24.59. This is followed by the second major resistance level at $25.23. The third major resistance level sits at $25.62. If the price goes on to break the first support level at $23.55, it is likely to go to the next support level at $23.15. Should the price break the second support level, the third support level stands at $22.51.

CoreCivic Inc (NYSE: CXW) Key Stats

Market capitalization of the company is 2.69 billion based on 110,271K outstanding shares. Right now, sales total 1,897 M and income totals 67,590 K. The company made 490,110 K in profit during its latest quarter, and 18,950 K in sales during its previous quarter.