Carlyle Group Inc (CG) concluded trading on Wednesday at a closing price of $45.47, with 3.43 million shares of worth about $155.79 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 18.26% during that period and on July 17, 2024 the price saw a loss of about -2.24%. Currently the company’s common shares owned by public are about 361.33M shares, out of which, 208.69M shares are available for trading.
Stock saw a price change of 9.57% in past 5 days and over the past one month there was a price change of 16.44%. Year-to-date (YTD), CG shares are showing a performance of 11.75% which increased to 33.50% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $27.13 but also hit the highest price of $48.52 during that period. The average intraday trading volume for Carlyle Group Inc shares is 2.11 million. The stock is currently trading 11.03% above its 20-day simple moving average (SMA20), while that difference is up 9.02% for SMA50 and it goes to 14.38% 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 59.35% of that.
The stock has a current market capitalization of $16.36B and its 3Y-monthly beta is at 1.76. It has posted earnings per share of -$1.79 in the same period. It has a debt-to-equity ratio of 1.83. 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 2.74% while standing at 2.35% over the month.
Stock’s fiscal year EPS is expected to rise by 19.71% while it is estimated to increase by 15.13% 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.
