Carlyle Group Inc (CG) concluded trading on Thursday at a closing price of $43.68, with 2.78 million shares of worth about $121.26 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 45.21% during that period and on April 18, 2024 the price saw a loss of about -2.13%. Currently the company’s common shares owned by public are about 361.33M shares, out of which, 201.04M shares are available for trading.
However, the stock later moved at a day high price of 47.33, or with a loss of -2.13%. Stock saw a price change of -7.52% in past 5 days and over the past one month there was a price change of -3.36%. Year-to-date (YTD), CG shares are showing a performance of 7.35% which increased to 40.54% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $25.20 but also hit the highest price of $48.52 during that period. The average intraday trading volume for Carlyle Group Inc shares is 2.31 million. The stock is currently trading -6.14% below its 20-day simple moving average (SMA20), while that difference is down -4.46% for SMA50 and it goes to 18.94% higher than SMA200.
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Carlyle Group Inc (NASDAQ: CG) currently have 361.33M outstanding shares and institutions hold larger chunk of about 59.87% of that.
The stock has a current market capitalization of $15.82B and its 3Y-monthly beta is at 1.77. It has posted earnings per share of -$1.69 in the same period. It has a debt-to-equity ratio of 1.78. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CG, volatility over the week remained 3.07% while standing at 2.15% over the month.
Stock’s fiscal year EPS is expected to rise by 23.80% while it is estimated to increase by 15.17% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Citigroup on January 19, 2024 offering a Neutral rating for the stock and assigned a target price range of between $40 and $41 to it. Coverage by TD Cowen stated Carlyle Group Inc (CG) stock as a Market perform in their note to investors on January 04, 2024, suggesting a price target of $42 for the stock. Stock get a Buy rating from Citigroup on May 19, 2023.
