For the readers interested in the stock health of Carrier Global Corporation (CARR). It is currently valued at $44.17. When the transactions were called off in the previous session, Stock hit the highs of $44.33, after setting-off with the price of $43.52. Company’s stock value dipped to $43.46 during the trading on the day. When the trading was stopped its value was $43.64.
Recently in News on May 17, 2021, Carrier to Present at Wolfe Research Global Transportation and Industrials Conference. Carrier Global Corporation (NYSE:CARR) Senior Vice President & Chief Financial Officer Patrick Goris will speak at the virtual Wolfe Research Global Transportation and Industrials Conference on Tuesday, May 25, 2021 at 11:10 a.m. ET. You can read further details here
Carrier Global 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 $45.65 on 05/10/21, with the lowest value was $34.21 for the same time period, recorded on 01/27/21.
Carrier Global Corporation (CARR) full year performance was 164.33%
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, Carrier Global Corporation shares are logging -3.24% during the 52-week period from high price, and 176.06% 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 $16.00 and $45.65.
The company’s shares, operating in the sector of Industrials managed to top a trading volume set approximately around 6998652 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 Carrier Global Corporation (CARR) recorded performance in the market was 17.10%, having the revenues showcasing 18.07% 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 38.04B, as it employees total of 56000 workers.
Analysts verdict on Carrier Global Corporation (CARR)
During the last month, 13 analysts gave the Carrier Global Corporation a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 5 analysts were recommending to HOLD this stock, 1 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 40.28, with a change in the price was noted +5.65. In a similar fashion, Carrier Global Corporation posted a movement of +14.67% for the period of last 100 days, recording 5,831,830 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for CARR is recording 1.50 at the time of this writing. In addition, long term Debt to Equity ratio is set at 1.48.
Carrier Global Corporation (CARR): Technical Analysis
Raw Stochastic average of Carrier Global Corporation in the period of last 50 days is set at 84.17%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 59.34%. In the last 20 days, the company’s Stochastic %K was 46.06% and its Stochastic %D was recorded 38.06%.
Let’s take a glance in the erstwhile performances of Carrier Global 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 17.10%. Additionally, trading for the stock in the period of the last six months notably improved by 16.36%, alongside a boost of 164.33% for the period of the last 12 months. The shares increased approximately by -2.73% in the 7-day charts and went down by 0.66% in the period of the last 30 days. Common stock shares were driven by 18.07% during last recorded quarter.