Your email has been successfully added to our mailing list.

×
-0.000144836576063347 -4.82788586877367E-05 0.000531067445565653 0.000531067445565653 -0.00159320233669668 -0.00420026070583694 -0.000627625162941126 -0.00391058755371024
Stock impact report

Otis Shares On The Rise As Market Tailwinds Lift New Equipment Prospects [Seeking Alpha]

Otis Worldwide Corporation (OTIS) 
Company Research Source: Seeking Alpha
Play 10min Summary Otis Worldwide Corporation's share price increased over 160% since its spin-off. Potential for a further increase due to market tailwinds, including China's $325 billion stimulus and FED's interest rate cuts. Despite a decline in new equipment sales, Otis improved earnings through its service segment, which has higher margins, and more controlled production costs. Weak cash flow and low liquidity ratios are a concern, but I expect improvement as equipment sales recover. JP Morgan's recent stake in Otis signals confidence in the company's ability to capitalize on the market tailwinds, supporting my Buy rating. Compassionate Eye Foundation/Rob Daly/DigitalVision via Getty Images Since its spin-off from United Technologies Corporation in April 2020, Otis Worldwide Corporation ( NYSE: OTIS ) has seen its share price increase by over 160%. Considering the market tailwinds driven by the Chinese $325 billion stimulus This article was written by Deep Show less Read more
Impact Snapshot
Event Time:
OTIS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for OTIS alerts
Opt-in for
OTIS alerts

from News Quantified
Opt-in for
OTIS alerts

from News Quantified