With 0.68 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.86 million shares. The 52-week range on CGAU shows that it touched its highest point at $7.82 and its lowest point at $4.90 during that stretch. It currently has a 1-year price target of $8.05. With its current market cap of 1.27 billion, CGAU has annualized dividend of $0.20 while the current yield stands at 3.40%. Beta for the stock currently stands at 1.22.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CGAU was down-trending over the past week, with a drop of -6.98%, but this was up by 0.33% over a month. Three-month performance dropped to -4.15% while six-month performance fell -17.92%. The stock gained 17.65% in the past year, while it has gained 5.45% so far this year. A look at the trailing 12-month EPS for CGAU yields 0.36 with Next year EPS estimates of 0.76. For the next quarter, that number is 0.10. This implies an EPS growth rate of -15.94% for this year and 26.77% for next year.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CGAU since 5 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.77512 being high and $0.65224 being low. For CGAU, this leads to a yearly average estimate of $0.72786. Based on analyst estimates, the high estimate for the next quarter is $0.14 and the low estimate is $0.06. The average estimate for the next quarter is thus $0.09.
