Shares of Carrier Global Corporation (CARR) Exceed 52-Week High

June 16, 2021 11:06:49

Shares of Carrier Global Corporation (NYSE:CARR) traded today at $47.13, eclipsing its 52-week high. So far today approximately 1.7 million shares have been exchanged, as compared to an average 30-day volume of 5.6 million shares.

Over the past year, Carrier Global Corporation has traded in a range of $20.59 to $47.13 and is now at $46.98, 128% above that low.

Carrier Global Corp manufactures heating, ventilation, and air-conditioning, refrigeration, and fire and security products. Carrier’s HVAC business serves both residential and commercial markets (60% of HVAC sales). Carrier’s refrigeration segment consists of its transportation refrigeration, Sensitech supply chain monitoring, and commercial refrigeration businesses. The firm’s fire and security business manufactures fire detection and suppression, access controls, and intrusion detection products.

Based on a current price of $46.98, Carrier Global Corporation is currently 13.3% above its average consensus analyst price target of $40.73.

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