Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Compass Diversified Holdings before investing.

In this article, we go over a few key elements for understanding Compass Diversified Holdings’s stock price such as:

• Compass Diversified Holdings’s current stock price and volume
• Why Compass Diversified Holdings’s stock price changed recently
• Upgrades and downgrades for CODI from analysts
• CODI’s stock price momentum as measured by its relative strength

About Compass Diversified Holdings (CODI)

Before we jump into Compass Diversified Holdings’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Compass Diversified Holdings acquires and manages a group of small and middle-market businesses. The Company’s segments include 5.11 Acquisition Corp. (5.11), Boa Holdings Inc. (BOA), The Ergo Baby Carrier, Inc. (Ergobaby), Lugano Holdings, Inc. (Lugano Diamonds), Relentless Topco, Inc. (PrimaLoft), THP Topco, Inc. (The Honey Pot Co.) CBCP Products, LLC (Velocity Outdoor), AMTAC Holdings LLC (Arnold), FFI Compass, Inc. (Altor Solutions), and SternoCandleLamp Holdings, Inc. (Sterno). 5.11 is a provider of purpose-built technical apparel and gear for law enforcement, firefighters, EMS, and military special operations, as well as outdoor and adventure enthusiasts. Ergobaby is a designer, marketer and distributor of wearable baby carriers and accessories, blankets and swaddlers, nursing pillows, strollers, bouncers, and related products. PrimaLoft is a provider of branded, high-performance synthetic insulation and materials used primarily in consumer outerwear and accessories.

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Compass Diversified Holdings’s Stock Price as of Market Close

As of August 23, 2024, 4:00 PM, CST, Compass Diversified Holdings’s stock price was $22.12.

Compass Diversified Holdings is up 4.59% from its previous closing price of $21.15.

During the last market session, Compass Diversified Holdings’s stock traded between $21.13 and $21.50. Currently, there are 75.39 million shares of Compass Diversified Holdings stock available for purchase.

Unfortunately, Compass Diversified Holdings’s P/E ratio is not significant enough to use for stock price evaluation. We recommend investors evaluate other financial metrics to understand its overall valuation.

Compass Diversified Holdings Stock Price History

Compass Diversified Holdings’s (CODI) price is currently down 8.06% so far this month.

During the month of August, Compass Diversified Holdings’s stock price has reached a high of $24.07 and a low of $19.80.

Over the last year, Compass Diversified Holdings has hit prices as high as $25.07 and as low as $16.88. Year to date, Compass Diversified Holdings’s stock is up 21.34%.

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What Caused Compass Diversified Holdings Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of August 22, 2024, there were 2 analysts who downgraded Compass Diversified Holdings’s stock and 4 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Compass Diversified Holdings’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Compass Diversified Holdings’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Compass Diversified Holdings’s current valuation based on AAII’s Value Grade is a C, which means it is considered to be Average.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Compass Diversified Holdings (CODI) by visiting AAII Stock Evaluator.

Relative Price Strength of Compass Diversified Holdings

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of August 22, 2024, Compass Diversified Holdings has a weighted four-quarter relative price strength of -5.72%, which translates to a Momentum Score of 45 and is considered to be Average.

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Compass Diversified Holdings Stock Price: Bottom Line

As of August 23, 2024, Compass Diversified Holdings’s stock price is $22.12, which is up 4.59% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Compass Diversified Holdings stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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