CSX Corp. (NASDAQ:CSX) price closed lower on Friday, April 12, dropping -0.25% below its previous close.
A look at the daily price movement shows that the last close reads $35.43. The company’s P/E ratio in the trailing 12-month period read 19.16. Taking into account the 52-week price action we note that the stock hit a 52-week high of $40.12 and 52-week low of $29.03. The stock subtracted -6.46% on its value in the past month.
CSX Corp., which has a market valuation of $69.24 billion. The company stock has a Forward Dividend ratio of 0.45, while the dividend yield is 1.27%. It is understandable that investor optimism is growing ahead of the company’s current quarter results.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give CSX a short term outlook of Hold on average. Looking at the stock’s medium term indicators we note that it is averaging as a 50% Buy, while an average of long term indicators are currently assigning the stock as 50% Buy.
If we dive deeper into the stock’s performance we see the positive picture represented by the PEG ratio, currently standing at 1.95. The overview shows that CSX’s price is at present -3.57% off the SMA20 and -4.74% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 33.36, with weekly volatility standing at 1.24%. The indicator jumps to 1.60% when calculated based on the past 30 days. CSX Corp. (NASDAQ:CSX)’s beta value is holding at 1.18, while the average true range (ATR) indicator is currently reading 0.57. An analysis of the CSX Corp. (NASDAQ:CSX) stock in terms of its daily trading volume indicates that the 3-month average is 12.05 million.
Current records show that the company has 1.96B in outstanding shares. The insiders’ percentage holdings are 0.15% of outstanding shares while the percentage share held by institutions stands at 75.36%. But the 1.93% upside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
