Carlyle Group Inc (CG) concluded trading on Wednesday at a closing price of $49.74, with 4.7 million shares of worth about $233.87 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 22.03% during that period and on July 31, 2024 the price saw a gain of about 2.51%. 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 11.18% in past 5 days and over the past one month there was a price change of 25.67%. Year-to-date (YTD), CG shares are showing a performance of 22.24% which increased to 39.52% 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 $48.69 during that period. The average intraday trading volume for Carlyle Group Inc shares is 2.16 million. The stock is currently trading 12.44% above its 20-day simple moving average (SMA20), while that difference is up 16.89% for SMA50 and it goes to 22.57% higher than SMA200.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Carlyle Group Inc (NASDAQ: CG) currently have 361.33M outstanding shares and institutions hold larger chunk of about 59.39% of that.
The stock has a current market capitalization of $17.90B and its 3Y-monthly beta is at 1.72. 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 3.31% while standing at 2.77% over the month.
Stock’s fiscal year EPS is expected to rise by 19.15% while it is estimated to increase by 15.56% 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.
