At present, Otis Worldwide Corp (OTIS) has a stock price of $86.28. In the previous session, the stock saw a rise, peaking at $134.0 after an opening price of $86.28. The day’s lowest price was $90.0, and it closed at $85.41.
Otis Worldwide Corp saw a rather unpredictable run in, in terms of market performance.
52-week price history of OTIS Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Otis Worldwide Corp’s current trading price is -19.23% away from its 52-week high, while its distance from the 52-week low is 2.41%. The stock’s price range during the 52-week period has remained between $84.25 and $106.83. In the Industrials sector, the company’s shares saw a trading volume of around 5.06 million for the day, which was evidently higher than the average daily volume of 2.84 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Otis Worldwide Corp (OTIS) has experienced a quarterly decline of -11.43% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 33.86B and boasts a workforce of 72000 employees.
A Closer Look at Analysts’ Ratings for Otis Worldwide Corp
As of right now, 2 analysts are rating Otis Worldwide Corp as a BUY, 3 of the polled analysts branded the stock as an OVERWEIGHT, 9 analysts are recommending to HOLD this stock, 1 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
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 96.77, with a change in price of -13.63. Similarly, Otis Worldwide Corp recorded 2,893,955 in trading volume during the last 100 days, posting a change of -13.64%.
OTIS Stock Stochastic Average
Otis Worldwide Corp’s raw stochastic average for the past 50 days is presently 11.82%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 11.82%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 7.51% and 4.78%, respectively.
OTIS 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. Year to date metric has recorded a loss of -8.50%.However, over the last six months, we can see a stronger performance of -8.75%. Over the last 30 days, the price of OTIS has leaped by -13.53%. And in the last five days, it has fallen by -1.17%.
