In the latest trading session, 0.87 million Cava Group Inc (NYSE:CAVA) shares changed hands as the company’s beta touched 3.29. With the company’s most recent per share price at $91.68 changing hands around $1.75 or 1.95% at last look, the market valuation stands at $10.45B. CAVA’s current price is a discount, trading about -5.73% off its 52-week high of $96.93. The share price had its 52-week low at $29.05, which suggests the last value was 68.31% up since then. When we look at Cava Group Inc’s average trading volume, we note the 3-month average coming to 2.98 million.
Cava Group Inc (NYSE:CAVA) trade information
Instantly CAVA is in green as seen in intraday trades today. With action 3.28%, the performance over the past five days has been green. The jump to weekly highs of 93.18 added 1.95% to the stock’s daily price. The company’s shares are showing year-to-date upside of 113.32%, with the 5-day performance at 3.28% in the green. However, in the 30-day time frame, Cava Group Inc (NYSE:CAVA) is 18.58% up.
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Cava Group Inc (CAVA) estimates and forecasts
Data shows that the Cava Group Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 125.71% over the past 6 months, a 61.90% in annual growth rate that is considerably higher than the industry average of 7.60%.
The 2024 estimates are for Cava Group Inc earnings to increase by 61.72%, but the outlook for the next 5-year period is at 38.10% per year.
CAVA Dividends
Cava Group Inc is expected to release its next quarterly earnings report in July.
