For the readers interested in the stock health of Caterpillar Inc. (CAT). It is currently valued at $237.57. When the transactions were called off in the previous session, Stock hit the highs of $237.48, after setting-off with the price of $234.00. Company’s stock value dipped to $233.36 during the trading on the day. When the trading was stopped its value was $237.26.Recently in News on November 22, 2022, Caterpillar Successfully Demonstrates First Battery Electric Large Mining Truck and Invests in Sustainable Proving Ground. Caterpillar Inc. (NYSE: CAT) announced today a successful demonstration of its first battery electric 793 large mining truck and a significant investment to transform its Arizona-based proving ground into a sustainable testing and validation hub of the future. 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 $239.85 on 11/14/22, with the lowest value was $160.60 for the same time period, recorded on 09/27/22.
Caterpillar Inc. (CAT) full year performance was 17.23%
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 -0.95% during the 52-week period from high price, and 47.93% 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 $160.60 and $239.85.
The company’s shares, operating in the sector of Industrials managed to top a trading volume set approximately around 776758 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 14.76%, having the revenues showcasing 22.20% 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 122.94B, as it employees total of 107700 workers.
Market experts do have their say about Caterpillar Inc. (CAT)
During the last month, 10 analysts gave the Caterpillar Inc. a BUY rating, 1 of the polled analysts branded the stock as an OVERWEIGHT, 14 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 191.80, with a change in the price was noted +63.61. In a similar fashion, Caterpillar Inc. posted a movement of +36.61% for the period of last 100 days, recording 2,934,795 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 2.34 at the time of this writing. In addition, long term Debt to Equity ratio is set at 1.64.
Technical breakdown of Caterpillar Inc. (CAT)
Raw Stochastic average of Caterpillar Inc. in the period of last 50 days is set at 96.87%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 92.36%. In the last 20 days, the company’s Stochastic %K was 90.52% and its Stochastic %D was recorded 87.49%.
Bearing in mind the latest performance of Caterpillar Inc., several 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 14.76%. Additionally, trading for the stock in the period of the last six months notably improved by 15.37%, alongside a boost of 17.23% for the period of the last 12 months. The shares increased approximately by 1.14% in the 7-day charts and went down by 24.03% in the period of the last 30 days. Common stock shares were driven by 22.20% during last recorded quarter.