Let’s start up with the current stock price of Otis Worldwide Corporation (OTIS), which is $70.40 to be very precise. The Stock rose vividly during the last session to $71.075 after opening rate of $71.00 while the lowest price it went was recorded $70.06 before closing at $71.12.
Recently in News on April 12, 2021, Otis Announces Winners of the First Made to Move Communities™ Global Student Challenge. – Corporate Social Responsibility program inspires the next generation of innovators across nine countries and territories in first year. You can read further details here
Otis Worldwide Corporation had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $71.24 on 04/13/21, with the lowest value was $61.28 for the same time period, recorded on 01/27/21.
Otis Worldwide Corporation (OTIS) full year performance was 53.41%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Otis Worldwide Corporation shares are logging -1.17% during the 52-week period from high price, and 64.49% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $42.80 and $71.24.
The company’s shares, operating in the sector of Industrials managed to top a trading volume set approximately around 3099643 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Otis Worldwide Corporation (OTIS) recorded performance in the market was 4.22%, having the revenues showcasing 7.93% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 29.68B, as it employees total of 69000 workers.
Analysts verdict on Otis Worldwide Corporation (OTIS)
During the last month, 6 analysts gave the Otis Worldwide Corporation a BUY rating, 1 of the polled analysts branded the stock as an OVERWEIGHT, 4 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 65.94, with a change in the price was noted +3.20. In a similar fashion, Otis Worldwide Corporation posted a movement of +4.76% for the period of last 100 days, recording 2,419,138 in trading volumes.
Otis Worldwide Corporation (OTIS): Technical Analysis
Raw Stochastic average of Otis Worldwide Corporation in the period of last 50 days is set at 90.64%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 85.08%. In the last 20 days, the company’s Stochastic %K was 91.63% and its Stochastic %D was recorded 91.64%.
Let’s take a glance in the erstwhile performances of Otis Worldwide Corporation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 4.22%. Additionally, trading for the stock in the period of the last six months notably improved by 7.17%, alongside a boost of 53.41% for the period of the last 12 months. The shares increased approximately by 1.11% in the 7-day charts and went down by 5.69% in the period of the last 30 days. Common stock shares were driven by 7.93% during last recorded quarter.