Carrier Global Corp (NYSE:CARR) currently has a daily average trading volume of 4.11M but it saw 3238520 shares traded in last market. With a market cap of 66.39B USD, the company’s current market price of $73.99 came falling about -1.84 while comparing to the previous closing price of $75.38. In past 52 weeks, the stock remained buoying in the range of price level as high as $83.32 and as low as $52.44. In the recent trading on the day, stock has struck highest price mark of $73.895 while lowest mark touched by it was $75.5815.
Taking a look at 20-day trading activity of Carrier Global Corp (CARR) gives us an average price of $75.83, while its current price level is -11.20% below from 52-week high level whereas it is 41.11% 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 $77.42 while that of 200 days or SMA-200 reads an average of $67.19. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.80% during that period while stretching the period over a month that increases to 2.03%. 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 41.53 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 -3.78% down while it is 0.12% when we observe its performance for the past one month. Year-to-date it is 28.79% up and over the past year, the stock is showing an upside performance of 40.75%.
Currently, Carrier Global Corp’s total number of outstanding shares is 997.11M. 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 19.33 while having a 24.41 of forward P/E ratio. Stock’s beta reads 1.21. Stock has a price to book (P/B) ratio of 5.02 while price to sale or P/S ratio amounts to 2.77. Its return on asset (ROA) is 10.76% on average.
