Canadian Imperial Bank Of Commerce (CM) concluded trading on Thursday at a closing price of $57.51, with 1.82 million shares of worth about $104.94 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 21.53% during that period and on August 29, 2024 the price saw a gain of about 5.46%. Currently the company’s common shares owned by public are about 937.27M shares, out of which, 936.78M shares are available for trading.
Stock saw a price change of 7.11% in past 5 days and over the past one month there was a price change of 11.26%. Year-to-date (YTD), CM shares are showing a performance of 19.46% which increased to 41.09% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $34.35 but also hit the highest price of $55.63 during that period. The average intraday trading volume for Canadian Imperial Bank Of Commerce shares is 1.23 million. The stock is currently trading 10.65% above its 20-day simple moving average (SMA20), while that difference is up 14.29% for SMA50 and it goes to 20.84% higher than SMA200.
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Canadian Imperial Bank Of Commerce (NYSE: CM) currently have 937.27M outstanding shares and institutions hold larger chunk of about 56.17% of that.
The stock has a current market capitalization of $53.90B and its 3Y-monthly beta is at 1.08. PE ratio of stock for trailing 12 months is 11.85, while it has posted earnings per share of $4.85 in the same period. Its PEG reads 2.63 while making debt-to-equity ratio of 3.32. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CM, volatility over the week remained 1.84% while standing at 1.66% over the month.
Stock’s fiscal year EPS is expected to rise by 6.47% while it is estimated to increase by 2.88% in next year. EPS is likely to grow at an annualized rate of 4.50% for next 5-years, compared to annual growth of -3.35% made by the stock over the past 5-years.
Stock get a Sector outperform rating from Scotiabank on February 20, 2024.
