Price Over Earnings Overview: Cummins
Published
Apr 07 2021 at 7:08 PM GMT
Key
Points
Points
- Looking into the current session, Cummins Inc.
- (NYSE:CMI) is trading at $258.22, after a0 86% decrease.
- Over the past month, the stock decreased by 5 46%, but over the past year, it actually went up by 71.
- With questionable short-term performance like this, and great long-term performance, long-term shareholders might want to start looking into the company's price-to-earnings ratio.
- Assuming that all other factors are held constant, this could present itself as an opportunity for shareholders trying to capitalize on the higher share.
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- Published Apr 7, 2021 7:08 PM GMT