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 -23.74% away from its 52-week high, while its distance from the 52-week low is 19.14%. The stock’s price range over this period has fluctuated between $53.33 and $83.32. The company, operating within the financial sector, had a trading volume of approximately 4.18 million for the day, which was noticeably lower than the average daily share volume of 5.7 million over the last 3 months.
The market performance of Carrier Global Corp’s stock has been harmonious in recent times. Over the last year, the company’s stock reached its highest point at $83.32 on 10/15/24, while the lowest value for the same duration was $53.33 on 04/19/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Carrier Global Corp (CARR) has experienced a quarterly decline of -7.78% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 54.90B and boasts a workforce of 48000 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 69.13, with a change in price of -8.86. Similarly, Carrier Global Corp recorded 5,317,200 in trading volume during the last 100 days, posting a change of -12.24%.
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 0.91. Similarly, the long-term debt-to-equity ratio is also 0.81.
CARR Stock Stochastic Average
Today, Carrier Global Corp’s raw stochastic average for the past 50 days stands at 31.32%, indicating a rise from the raw stochastic average of the last 20 days, which was 25.84%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 33.82% and 47.24% respectively.
CARR Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. This year’s metric has recorded a Price decrease of -6.91%. However, over the past six months, we’ve seen a stronger performance of -21.09%. The price of CARR fallen by 0.44% over the last 30 days. And in the last five days, it has fallen by -6.71%.
