Technical Eye on Commercial Metals Company (NYSE:CMC)


Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of Commercial Metals Company (NYSE:CMC) for the period of 9-Day stands at 89.76% while the stochastic %D for the same period stands at 85.68%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of Commercial Metals Company (NYSE:CMC) signals “Buy” while other important signals like the 20-Day Moving Average Vs. Price signals “Buy”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Buy” for Commercial Metals Company (NYSE:CMC) while 20-100 Day MACD Oscillator indicates “Buy”.

Bollinger band is a volatility indicator of a certain security, currently Commercial Metals Company (NYSE:CMC)’s 20-Day Bollinger Band indicates “Hold”.

About Company

Commercial Metals Company has three segments – manufacturing, recycling, and marketing and trading. Activities are primarily concerned with metals related activities.  The manufacturing segment is the dominant and most rapidly expanding segment in terms of assets employed, capital expenditures, operating profit and number of employees. The recycling segment is engaged in processing secondary, or scrap, metals for further recycling into new metal products. The marketing and trading segment buys and sells primary and secondary metals, and fabricated metals.

Previous Day Activity Analysis

On the last trading day, Commercial Metals Company (NYSE:CMC) opened the session at $21 and after going down -1.35% closed at $20.5. The stock lost -0.5 points in the last trade.

Commercial Metals Company (NYSE:CMC)’s stock fluctuated in the range of $20.41 and $21.02 during the previous active session. Commercial Metals Company (NYSE:CMC) traded with the volume of 1.32 Million with average volume of 1.94 Million. The stock has HIGH volatility on the last trading session.

Currently the Beta for the company remains at 1.26 while ATR (Average True Range) and RSI (Relative Strength Index) are at 0.56 and 69.19 respectively.

Currently the Insider Ownership of the shares of Commercial Metals Company (NYSE:CMC) is at 1.5% and the shares outstanding are 115.89 Million.

Important Ratio Analysis

Some important ratios to consider here for Commercial Metals Company (NYSE:CMC) are discussed below:

Dividend yield of Commercial Metals Company (NYSE:CMC) stands at 2.34% whereas Price to Earnings P/E ratio stands at 31.01 while Forward P/E shows the value of 14.61.

The PEG ratio (Price to Earning to Growth) emits the value of 1.21. The Price to Sale P/S and Price to Book P/B shows the value of 0.49 and 1.67 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 0 and 0 correspondingly.

The Quick Ratio of Commercial Metals Company (NYSE:CMC) stands at 1.4 while the Current Ratio depicts the value of 2.2.

Return on Assets ROA of Commercial Metals Company (NYSE:CMC) is at 2.4% whereas, Return on Equity ROE and Return of Investment ROI of Commercial Metals Company (NYSE:CMC) stand at 5.5% and 5.9% respectively.

The payout ratio of Commercial Metals Company (NYSE:CMC) stands at 73.4%.

Stock Performance Analysis

The stock performance of Commercial Metals Company (NYSE:CMC) on the basis of 5 day trade show the jump of 10.16% whereas, the monthly performance of the stock shows increase of 13.51%.

The quarterly performance of the stock remained in green zone with the value of 3.9% while six month performance of the shares of Commercial Metals Company (NYSE:CMC) remained bullish with the count of 15.49%.

The yearly and YTD performance of Commercial Metals Company (NYSE:CMC) remained mix at 34.16% and -5.88% respectively.