Shares of Carrier Global Corporation (NYSE:CARR) traded today at $50.59, eclipsing its 52-week high. So far today approximately 1.3 million shares have been exchanged, as compared to an average 30-day volume of 4.8 million shares.
Carrier Global Corporation (NYSE:CARR) defies analysts with a current price ($50.31) 13.2% above its average consensus price target of $43.65.
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.
In the past 52 weeks, shares of Carrier Global Corporation have traded between a low of $25.60 and a high of $50.59 and is now at $50.31, which is 97% above that low price.
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