Home  »  Stock   »  Raytheon Technologies Corporation (RTX): These Sha...

Raytheon Technologies Corporation (RTX): These Shares are Poised for Major Movement

Let’s start up with the current stock price of Raytheon Technologies Corporation (RTX), which is $96.85 to be very precise. The Stock rose vividly during the last session to $97.59 after opening rate of $97.06 while the lowest price it went was recorded $96.51 before closing at $96.20.Recently in News on November 21, 2022, Japan Maritime Self-Defense Force, Missile Defense Agency demonstrate new layered missile defense capability. Japan intercepts targets with Raytheon Missiles & Defense’s SM-3® Block IB and SM-3 Block IIA. You can read further details here

Raytheon Technologies 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 $106.02 on 04/21/22, with the lowest value was $80.27 for the same time period, recorded on 09/27/22.

Do You Own These 7 Inflation-Survival Stocks?

Inflation is still near 40-year highs and rising prices are putting a big dent in our wallets. Unless you find out how to protect your portfolio and outpace inflation, you'll keep being at the mercy of economic factors out of your control. Especially since the price of electricity, food, and shelter are creeping up higher than ever. In this special report, I detail 7 stocks to help you survive and thrive in today's market. They're backed by solid companies, positioned to profit during tough economic times, and offer out-sized dividends to help you outpace inflation.

Click here to get your free copy of the report


Raytheon Technologies Corporation (RTX) full year performance was 11.58%

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, Raytheon Technologies Corporation shares are logging -8.65% during the 52-week period from high price, and 22.59% 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 $79.00 and $106.02.

The company’s shares, operating in the sector of Industrials managed to top a trading volume set approximately around 3031279 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 Raytheon Technologies Corporation (RTX) recorded performance in the market was 12.54%, having the revenues showcasing 3.79% 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 141.14B, as it employees total of 174000 workers.

Analysts verdict on Raytheon Technologies Corporation (RTX)

During the last month, 12 analysts gave the Raytheon Technologies Corporation a BUY rating, 4 of the polled analysts branded the stock as an OVERWEIGHT, 8 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 90.47, with a change in the price was noted -0.17. In a similar fashion, Raytheon Technologies Corporation posted a movement of -0.18% for the period of last 100 days, recording 4,767,471 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 RTX is recording 0.48 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.44.

Raytheon Technologies Corporation (RTX): Technical Analysis

Raw Stochastic average of Raytheon Technologies Corporation in the period of last 50 days is set at 93.43%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 87.63%. In the last 20 days, the company’s Stochastic %K was 83.63% and its Stochastic %D was recorded 78.32%.

Let’s take a glance in the erstwhile performances of Raytheon Technologies 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 12.54%. Additionally, trading for the stock in the period of the last six months notably improved by 3.91%, alongside a boost of 11.58% for the period of the last 12 months. The shares increased approximately by 1.11% in the 7-day charts and went down by 7.93% in the period of the last 30 days. Common stock shares were driven by 3.79% during last recorded quarter.

Leave a Comment

Your email address will not be published. Required fields are marked *

On Key

Related Posts