Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Crane NXT Co before investing.

In this article, we go over a few key elements for understanding Crane NXT Co’s stock price such as:

• Crane NXT Co’s current stock price and volume
• Why Crane NXT Co’s stock price changed recently
• Upgrades and downgrades for CXT from analysts
• CXT’s stock price momentum as measured by its relative strength

About Crane NXT Co (CXT)

Before we jump into Crane NXT Co’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

Crane NXT, Co. is an industrial technology company that provides technology solutions to secure, detect, and authenticate what matters most to its customers. The Company operates through two segments: Crane Payment Innovations (CPI) and Security and Authentication Technologies. The CPI segment provides electronic equipment and associated software leveraging extensive and proprietary core capabilities with various detection and sensing technologies for applications, including verification and authentication of payment transactions. The Security and Authentication Technologies segment provides advanced security solutions based on proprietary technology for securing physical products, including banknotes, consumer goods and industrial products. The Security and Authentication Technologies segment also provides brand protection and authentication solutions. The Company operates in the United States, the United Kingdom, Mexico, Japan, Germany, Sweden, and Malta.

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Crane NXT Co’s Stock Price as of Market Close

As of September 25, 2024, 4:00 PM, CST, Crane NXT Co’s stock price was $55.40.

Crane NXT Co is down 7.11% from its previous closing price of $59.64.

During the last market session, Crane NXT Co’s stock traded between $58.95 and $60.05. Currently, there are 57.10 million shares of Crane NXT Co stock available for purchase.

Crane NXT Co’s price-earnings (P/E) ratio is currently at 19.0, which is low compared to the Electrical Components & Equipment industry median of 20.7. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Crane NXT Co Stock Price History

Crane NXT Co’s (CXT) price is currently down 5.7% so far this month.

During the month of September, Crane NXT Co’s stock price has reached a high of $60.05 and a low of $54.09.

Over the last year, Crane NXT Co has hit prices as high as $64.80 and as low as $48.42. Year to date, Crane NXT Co’s stock is up 58.79%.

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What Caused Crane NXT Co Stock’s Price to Dip?

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 September 24, 2024, there were 4 analysts who downgraded Crane NXT Co’s stock and 1 analyst who upgraded over the last month.

Additionally, you'll want to evaluate Crane NXT Co’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 Crane NXT Co’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Crane NXT Co’s current valuation based on AAII’s Value Grade is a D, which means it is considered to be Expensive.

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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 Crane NXT Co (CXT) by visiting AAII Stock Evaluator.

Relative Price Strength of Crane NXT Co

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 September 24, 2024, Crane NXT Co has a weighted four-quarter relative price strength of -5.58%, which translates to a Momentum Score of 41 and is considered to be Average.

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Crane NXT Co Stock Price: Bottom Line

As of September 25, 2024, Crane NXT Co’s stock price is $55.40, which is down 7.11% 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 Crane NXT Co stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.