Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Otis Worldwide Corp’s current trading price is -5.37% away from its 52-week high, while its distance from the 52-week low is 29.51%. The stock’s price range over this period has fluctuated between $73.32 and $100.35. The company, operating within the financial sector, had a trading volume of approximately 2.33 million for the day, which was noticeably higher than the average daily share volume of 1.88 million over the last 3 months.
Otis Worldwide Corp experienced a rather steady stock market performance. The highest value in the past year was recorded at $100.35 on 03/22/24 and the lowest value was $73.32 on 10/25/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Otis Worldwide Corp (OTIS) has experienced a quarterly rise of 11.13% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 38.50B and boasts a workforce of 71000 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 91.84, with a change in price of +10.06. Similarly, Otis Worldwide Corp recorded 2,010,566 in trading volume during the last 100 days, posting a change of +11.85%.
OTIS Stock Stochastic Average
Today, Otis Worldwide Corp’s raw stochastic average for the past 50 days stands at 50.91%, indicating a rise from the raw stochastic average of the last 20 days, which was 8.49%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 11.81% and 13.86% respectively.
OTIS Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. The metric has seen a significant gain of 6.14% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 17.95%. Over the past 30 days, the price of OTIS has leaped by -3.14%. And in the last five days, it has fallen by -2.40%.
