Carrier Global Corp (NYSE:CARR) currently has a daily average trading volume of 4.06M but it saw 4565376 shares traded in last market. With a market cap of 68.96B USD, the company’s current market price of $76.90 came falling about -0.05 while comparing to the previous closing price of $76.94. In past 52 weeks, the stock remained buoying in the range of price level as high as $83.32 and as low as $51.20. In the recent trading on the day, stock has struck highest price mark of $76.5 while lowest mark touched by it was $77.5.
Taking a look at 20-day trading activity of Carrier Global Corp (CARR) gives us an average price of $75.25, while its current price level is -7.71% below from 52-week high level whereas it is 50.20% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $77.87 while that of 200 days or SMA-200 reads an average of $66.66. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.12% during that period while stretching the period over a month that decreases to 2.04%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 52.81 which implies that the stock is in neutral territory.
UBS upgraded its recommendation for the stock as a “Buy” from “Neutral” on November 13, 2024 while assigning a price target of $94. Stephens issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $75 and $85.
Over the week, CARR’s stock price is moving 3.22% up while it is 3.08% when we observe its performance for the past one month. Year-to-date it is 33.86% up and over the past year, the stock is showing an upside performance of 48.94%.
Currently, Carrier Global Corp’s total number of outstanding shares is 839.91M. Company’s return on investment (ROI) stands at 14.09% and return on equity (ROE) at 31.39%. It has a price to earnings ratio (P/E ratio) of 20.09 while having a 25.37 of forward P/E ratio. Stock’s beta reads 1.21. Stock has a price to book (P/B) ratio of 5.22 while price to sale or P/S ratio amounts to 2.88. Its return on asset (ROA) is 10.76% on average.
