Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price decrease of -5.57%. However, over the past six months, we’ve seen a weaker performance of 2.07%. The price of CARR leaped by -4.99% over the last 30 days. And in the last five days, it has fallen by -4.64%.
In terms of market performance, Carrier Global Corp had a fairly even. The highest value for the stock in the past year was $60.87 on 03/08/24, and the lowest value was recorded at $40.28 on 05/04/23.
52-week price history of CARR Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Carrier Global Corp’s current trading price is -10.88% away from its 52-week high, while its distance from the 52-week low is 34.68%. The stock’s price range during this period has varied between$40.28 and $60.87. The Carrier Global Corp’s shares, which operate in the Industrials, saw a trading volume of around 2.66 million for the day, a figure considerably lower than their average daily volume of 5.02 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Carrier Global Corp (CARR) has experienced a quarterly decline of -1.47% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 48.83B and boasts a workforce of 53000 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 55.94, with a change in price of +1.52. Similarly, Carrier Global Corp recorded 4,471,068 in trading volume during the last 100 days, posting a change of +2.88%.
CARR’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for CARR stands at 1.70. Similarly, the long-term debt-to-equity ratio is also 1.69.
CARR Stock Stochastic Average
Carrier Global Corp’s raw stochastic average for the past 50 days is presently 14.47%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 7.36%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 6.38% and 11.15%, respectively.
