6.39% volatility in Compass Minerals International Inc (CMP) last month: This is a red flag warning

Compass Minerals International Inc (NYSE: CMP) on Friday, soared 21.25% from the previous trading day, before settling in for the closing price of $12.00. Within the past 52 weeks, CMP’s price has moved between $7.51 and $27.25.

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

A company in the Basic Materials sector has dropped its sales by -3.25% annually for the last half of the decade. The company achieved an average annual earnings per share of -167.33%. With a float of $41.01 million, this company’s outstanding shares have now reached $41.15 million.

In an organization with 1981 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 17.84%, operating margin of 0.75%, and the pretax margin is -2.77%.

Compass Minerals International Inc (CMP) Insider Updates

Observing investor behavior towards Other Industrial Metals & Mining industry stocks is more important than anything else. The insider ownership of Compass Minerals International Inc is 1.06%, while institutional ownership is 102.17%. The most recent insider transaction that took place on Jan 22 ’24, was worth 106,200. In this transaction Director of this company bought 5,000 shares at a rate of $21.24, taking the stock ownership to the 16,000 shares.

Compass Minerals International Inc (CMP) Performance Highlights and Predictions

According to the Wall Street analysts, stocks earnings will be around -167.33% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 29.96% during the next five years compared to -27.52% drop over the previous five years of trading.

Compass Minerals International Inc (NYSE: CMP) Trading Performance Indicators

Compass Minerals International Inc (CMP) is currently performing well based on its current performance indicators. A quick ratio of 0.74 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 0.64.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -4.01, a number that is poised to hit -0.44 in the next quarter and is forecasted to reach 0.26 in one year’s time.

Technical Analysis of Compass Minerals International Inc (CMP)

Let’s dig in a bit further. During the last 5-days, its volume was 1.7 million. That was better than the volume of 0.82 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 38.59%. Additionally, its Average True Range was 0.96.

During the past 100 days, Compass Minerals International Inc’s (CMP) raw stochastic average was set at 84.72%, which indicates a significant increase from 71.20% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 97.43% in the past 14 days, which was higher than the 73.75% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $12.06, while its 200-day Moving Average is $13.64. However, in the short run, Compass Minerals International Inc’s stock first resistance to watch stands at $16.29. Second resistance stands at $18.02. The third major resistance level sits at $20.23. If the price goes on to break the first support level at $12.35, it is likely to go to the next support level at $10.14. Assuming the price breaks the second support level, the third support level stands at $8.41.

Compass Minerals International Inc (NYSE: CMP) Key Stats

Market capitalization of the company is 731.25 million based on 41,449K outstanding shares. Right now, sales total 1,205 M and income totals 15,500 K. The company made 202,900 K in profit during its latest quarter, and -43,600 K in sales during its previous quarter.