With 0.91 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.97 million shares. The 52-week range on CGAU shows that it touched its highest point at $7.82 and its lowest point at $5.41 during that stretch. It currently has a 1-year price target of $8.84. With its current market cap of 1.53 billion, CGAU has annualized dividend of $0.20 while the current yield stands at 2.76%. Beta for the stock currently stands at 0.96.
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 up-trending over the past week, with a rise of 8.81%, but this was up by 29.95% over a month. Three-month performance surged to 7.36% while six-month performance rose 11.81%. The stock gained 18.92% in the past year, while it has gained 28.12% so far this year. A look at the trailing 12-month EPS for CGAU yields 0.19 with Next year EPS estimates of 1.05. For the next quarter, that number is 0.16. This implies an EPS growth rate of 12.55% for this year and 31.69% for next year.
Float and Shares Shorts:
At present, 207.94 million CGAU shares are outstanding with a float of 206.81 million shares on hand for trading.
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 $0.22 and the low estimate is $0.17. The average estimate for the next quarter is thus $0.19.
