At the end of the latest market close, Caterpillar Inc. (CAT) was valued at $203.08. In that particular session, Stock kicked-off at the price of $203.04 while reaching the peak value of $208.63 and lowest value recorded on the day was $202.305. The stock current value is $207.96.
Recently in News on July 16, 2021, Caterpillar Inc. to Announce Second-Quarter 2021 Financial Results on July 30. Caterpillar Inc. (NYSE: CAT) will release second-quarter 2021 financial results at 5:30 a.m. CDT on Friday, July 30. The release will be available at investors.caterpillar.com/financials/quarterly-results and the full text of the news release will also be available on PR Newswire at about 5:30 a.m. CDT. The news release will be furnished to the U.S. Securities and Exchange Commission (SEC) via a Current Report on Form 8-K in compliance with applicable SEC rules. You can read further details here
Caterpillar Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $246.69 on 06/04/21, with the lowest value was $179.34 for the same time period, recorded on 01/27/21.
Caterpillar Inc. (CAT) full year performance was 54.47%
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, Caterpillar Inc. shares are logging -15.70% during the 52-week period from high price, and 59.71% 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 $130.21 and $246.69.
The company’s shares, operating in the sector of Industrials managed to top a trading volume set approximately around 3917082 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 Caterpillar Inc. (CAT) recorded performance in the market was 14.25%, having the revenues showcasing -8.64% 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 115.81B, as it employees total of 97300 workers.
The Analysts eye on Caterpillar Inc. (CAT)
During the last month, 10 analysts gave the Caterpillar Inc. a BUY rating, 2 of the polled analysts branded the stock as an OVERWEIGHT, 12 analysts were recommending to HOLD this stock, 1 of them gave the stock UNDERWEIGHT rating, and 2 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 226.87, with a change in the price was noted -13.86. In a similar fashion, Caterpillar Inc. posted a movement of -6.25% for the period of last 100 days, recording 3,473,551 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 CAT is recording 2.30 at the time of this writing. In addition, long term Debt to Equity ratio is set at 1.59.
Technical rundown of Caterpillar Inc. (CAT)
Raw Stochastic average of Caterpillar Inc. in the period of last 50 days is set at 18.39%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 38.46%. In the last 20 days, the company’s Stochastic %K was 23.44% and its Stochastic %D was recorded 25.16%.
Considering, the past performance of Caterpillar Inc., 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 14.25%. Additionally, trading for the stock in the period of the last six months notably improved by 7.16%, alongside a boost of 54.47% for the period of the last 12 months. The shares increased approximately by -3.36% in the 7-day charts and went down by -0.43% in the period of the last 30 days. Common stock shares were lifted by -8.64% during last recorded quarter.