The market performance of Otis Worldwide Corp’s stock has been harmonious in recent times. Over the last year, the company’s stock reached its highest point at $100.35 on 03/22/24, while the lowest value for the same duration was $73.32 on 10/25/23.
52-week price history of OTIS Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Otis Worldwide Corp’s current trading price is -6.53% away from its 52-week high, while its distance from the 52-week low is 27.92%. The stock’s price range during this period has spanned from $73.32 to $100.35. In the Industrials sector, the Otis Worldwide Corp’s shares surpassed a trading volume of approximately 1.27 million for the day, which was noticeably lower compared to the average daily volume of 9.1.91 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Otis Worldwide Corp (OTIS) has experienced a quarterly rise of 6.57% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 38.03B and boasts a workforce of 71000 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 92.39, with a change in price of +9.32. Similarly, Otis Worldwide Corp recorded 2,040,911 in trading volume during the last 100 days, posting a change of +11.05%.
OTIS Stock Stochastic Average
Today’s raw stochastic average for Otis Worldwide Corp over the last 50 days is 38.98%.This indicates a increase from the raw stochastic average of the past 20 days, which was 4.77%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 30.48% and 27.82%, respectively.
OTIS Stock Price Performance Analysis
The stock price performance this year has been a mixed bag, which means people have different opinions about whether it’s been good or bad. Some may see it as optimistic, while others may view it as pessimistic. The metric has seen a significant gain of 4.83% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 21.95%. Over the past 30 days, the price of OTIS has leaped by -5.30%. And in the last five days, it has fallen by -1.23%.
