What’s happening at CAVA Group, Inc. (NYSE:CAVA)? What made the stock one of the top performing stock today? The company is indeed among the top gainers of the stock market, skyrocketing 6.08% (or 2.44 points) to $42.59 from its previous close of $40.15. So is it the right moment to buy?
The shares had a decreased trading volume of 1,629,478 contracts this session compared to the average daily volume of last 10 days of 2,646,750 contracts and they had a decreased trading volume compared to the average daily volume of last 3 months of 2,646,750 contracts.
The indicator of a company’s profitability, the earnings per share ratio is -0.63. This value shows how much money a company makes for each share of its stock. A higher EPS indicates more value because investors will pay more for a company with higher profits. This is negative and tells you exactly how much money the company lost per share of its 208.8M outstanding stocks.
The closing market price for this trading session was 16.84% over 52 weeks minimum price of $36.45 and 8.76% under 52 weeks maximum price of $46.68. Also the price is 7.90% greater than 200 day average of $39.47 and 7.90% greater than 50 day average of $39.47.
At post-market close the stock price was $42.31, thus decreasing -0.66% (or -0.28 points) with respect to regular market close.
Latest news that might have contributed to the great perfomance of CAVA today are:
- IPO market outlook brightens following Cava’s debut, published on Mon, 26 Jun 2023 19:55:43 +0000
- Companies line up with IPOs as June heads to a close, published on Mon, 26 Jun 2023 15:41:29 +0000
- US IPO Market Shows Signs of Life After Restaurant Chain Cava’s Winning Debut, published on Mon, 26 Jun 2023 14:13:51 +0000