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Otis Worldwide Corporation (OTIS) Stock: From Low to High in 52 Weeks

A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. Otis Worldwide Corporation’s current trading price is -6.76% away from its 52-week high, while its distance from the 52-week low is 30.31%. The stock’s price range for this time frame has been between $62.49 and $87.33. The trading volume of the company’s shares in the Industrials reached around 2.46 million for the day, which was evidently higher than the average daily volume of 1.79 million over the last three months.

Otis Worldwide Corporation (OTIS) has a current stock price of $81.43. During the previous trading session, the stock witnessed a notable rise, reaching a high of $81.55 after opening at $81.37. The stock’s low for the day was $80.70, and it eventually closed at $81.10.

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In terms of market performance, Otis Worldwide Corporation had a somewhat regular. The highest value for the stock in the past year was $87.33 on 03/06/23, while the lowest value was $62.49 on 10/13/22.

How Financial Performance Impacts Market Capitalization

Otis Worldwide Corporation (OTIS) has experienced a quarterly decline of -2.63% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 33.63B and boasts a workforce of 69000 employees.

Decoding Analysts’ Ratings for Otis Worldwide Corporation

As of right now, 5 analysts are rating Otis Worldwide Corporation as a BUY, 1 of the polled analysts branded the stock as an OVERWEIGHT, 9 analysts are recommending to HOLD this stock, 1 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.

The Role of Moving Averages and Trading Volume in Technical Analysis

Based on Barchart.com data, the company’s moving average over the 100-day period was 82.90, with a change in price of +3.12. Similarly, Otis Worldwide Corporation recorded 1,786,600 in trading volume during the last 100 days, posting a change of +3.98%.

OTIS Stock Stochastic Average

Otis Worldwide Corporation’s raw stochastic average for the past 50 days is currently at 45.26%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 11.74%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 9.14% and 22.92%, respectively.

OTIS Stock Price Performance Analysis

Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. The index has shown a price gain of 3.98% this year. Over the last six months, there has been a weaker performance of 4.06%. The price of OTIS leaped by -0.55% during the last 30 days period. For the last 5-days stocks have slided -3.63%.

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