Let’s start up with the current stock price of Caterpillar Inc. (CAT), which is $222.40 to be very precise. The Stock rose vividly during the last session to $223.69 after opening rate of $222.12 while the lowest price it went was recorded $220.07 before closing at $219.95.Recently in News on December 21, 2021, Cat Financial Contributes to the National Museum of African American Music to Promote Education, Understanding and Diversity to Youth Throughout the Nashville Area. Caterpillar Financial Services Corporation (Cat Financial) is announcing a $1 million donation to the National Museum of African American Music (NMAAM) to support and promote the museum’s focus on education and youth outreach in the Nashville area. The newly built museum is a state-of-the-art gallery designed to engage audiences in hands-on experiences that inform and inspire fans and students. NMAAM’s mission is to educate the world, preserve the legacy, and celebrate the central role African Americans play in creating the American soundtrack. 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 $225.97 on 01/07/22, with the lowest value was $205.80 for the same time period, recorded on 01/03/22.
Caterpillar Inc. (CAT) full year performance was 13.53%
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 -9.85% during the 52-week period from high price, and 24.01% 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 $179.34 and $246.69.
The company’s shares, operating in the sector of Industrials managed to top a trading volume set approximately around 2385505 for the day, which was evidently lower, 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 7.57%, having the revenues showcasing 17.71% 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 119.12B, as it employees total of 97300 workers.
The Analysts eye on Caterpillar Inc. (CAT)
During the last month, 11 analysts gave the Caterpillar Inc. a BUY rating, 3 of the polled analysts branded the stock as an OVERWEIGHT, 11 analysts were recommending to HOLD this stock, 0 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 203.54, with a change in the price was noted +17.46. In a similar fashion, Caterpillar Inc. posted a movement of +8.52% for the period of last 100 days, recording 3,259,792 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 2.21 at the time of this writing. In addition, long term Debt to Equity ratio is set at 1.63.
Technical rundown of Caterpillar Inc. (CAT)
Raw Stochastic average of Caterpillar Inc. in the period of last 50 days is set at 89.69%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 89.15%. In the last 20 days, the company’s Stochastic %K was 85.90% and its Stochastic %D was recorded 88.64%.
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 7.57%. Additionally, trading for the stock in the period of the last six months notably improved by 5.20%, alongside a boost of 13.53% for the period of the last 12 months. The shares increased approximately by 1.21% in the 7-day charts and went down by 10.51% in the period of the last 30 days. Common stock shares were driven by 17.71% during last recorded quarter.