4.20% volatility in Custom Truck One Source Inc (CTOS) last month: This is a red flag warning

A new trading day began on Tuesday, with Custom Truck One Source Inc (NYSE: CTOS) stock price down -3.05% from the previous day of trading, before settling in for the closing price of $5.24. CTOS’s price has ranged from $3.03 to $7.00 over the past 52 weeks.

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Annual sales at Industrials sector company grew by 72.15% over the past five years. Meanwhile, its annual earnings per share averaged -185.71%. With a float of $54.89 million, this company’s outstanding shares have now reached $233.43 million.

Let’s look at the performance matrix of the company that is accounted for 2580 employees. In terms of profitability, gross margin is 21.0%, operating margin of 6.79%, and the pretax margin is -1.94%.

Custom Truck One Source Inc (CTOS) Insider Updates

As we move forward, let’s examine how large-scale investors are investing in this stock of the Rental & Leasing Services Industry. The insider ownership of Custom Truck One Source Inc is 76.49%, while institutional ownership is 20.57%. 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) Performance Highlights and Predictions

Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.01 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -185.71% per share during the next fiscal year.

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

Here are Custom Truck One Source Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.19. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.66.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.17, a number that is poised to hit 0.04 in the next quarter and is forecasted to reach 0.01 in one year’s time.

Technical Analysis of Custom Truck One Source Inc (CTOS)

Custom Truck One Source Inc (NYSE: CTOS) saw its 5-day average volume 0.7 million, a positive change from its year-to-date volume of 0.61 million. As of the previous 9 days, the stock’s Stochastic %D was 16.36%. Additionally, its Average True Range was 0.23.

During the past 100 days, Custom Truck One Source Inc’s (CTOS) raw stochastic average was set at 66.56%, which indicates a significant increase from 8.85% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.96% in the past 14 days, which was lower than the 59.22% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $4.59, while its 200-day Moving Average is $4.61. Nevertheless, the first resistance level for the watch stands at $5.18 in the near term. At $5.28, the stock is likely to face the second major resistance level. The third major resistance level sits at $5.38. If the price goes on to break the first support level at $4.98, it is likely to go to the next support level at $4.88. Assuming the price breaks the second support level, the third support level stands at $4.78.

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

With a market capitalization of 1.19 billion, the company has a total of 233,432K Shares Outstanding. Currently, annual sales are 1,865 M while annual income is 50,710 K. The company’s previous quarter sales were 447,220 K while its latest quarter income was -17,420 K.