One of the S&P 500’s big winners for Friday November 21 was Cummins Inc. (CMI) as the company’s stock climbed 3.12% to $148.45 on volume of 2.4 million shares.
The stock opened at $146.99 and saw an intraday low of $146.50 and an intraday high of $149.71. All told, the day saw a per-share gain of $4.49. The stock’s average daily volume of 1.67 million and 182.69 million shares outstanding. Cummins Inc. now has a 50-day SMA is $137.12 and 200-day SMA is $144.17, and it has a 52-week high of $161.03 and a 52-week low of $122.641.
Cummins Inc designs, manufactures, distributes and services diesel and natural gas engines, electric power generation systems and engine-related component products.
Based out of Columbus, IN, Cummins Inc. has 47900 employees and, after today’s trading, reached a market cap of $27.12 billion. The stock’s P/E Ratio is 16.1. Its P/S ratio is 1.41, P/B ratio is 3.5, and P/FCF ratio is 43.4.
For a full analysis of Cummins Inc., check out Equities.com’s E.V.A. report for Cummins Inc..
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While the DJIA is price-weighted and only includes 30 stocks, the S&P 500 uses a weighting system that factors in market cap and the size of a company’s free float while including some 500 stocks for a more comprehensive look at the broader markets’ performance. Its performance is far more representative of the large- and mega-cap stocks for any period of time.
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