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. Carrier Global Corp’s current trading price is -17.25% away from its 52-week high, while its distance from the 52-week low is 29.78%. The stock’s price range over this period has fluctuated between $53.13 and $83.32. The company, operating within the financial sector, had a trading volume of approximately 1.21 million for the day, which was noticeably lower than the average daily share volume of 4.52 million over the last 3 months.
Carrier Global Corp experienced a rather steady stock market performance. The highest value in the past year was recorded at $83.32 on 10/15/24 and the lowest value was $53.13 on 02/20/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Carrier Global Corp (CARR) has experienced a quarterly decline of -16.60% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 61.86B and boasts a workforce of 53000 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 74.62, with a change in price of -0.64. Similarly, Carrier Global Corp recorded 4,073,472 in trading volume during the last 100 days, posting a change of -0.91%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for CARR stands at 0.88. Similarly, the long-term debt-to-equity ratio is also 0.73.
CARR Stock Stochastic Average
Today, Carrier Global Corp’s raw stochastic average for the past 50 days stands at 27.44%, indicating a decline from the raw stochastic average of the last 20 days, which was 45.68%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 33.43% and 22.73% respectively.
CARR 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 1.01% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -1.33%. Over the past 30 days, the price of CARR has leaped by -6.24%. And in the last five days, it has surged by 1.08%.
