Carlyle Group Inc (CG) concluded trading on Thursday at a closing price of $51.34, with 8.82 million shares of worth about $452.57 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 17.54% during that period and on October 17, 2024 the price saw a gain of about 3.89%. Currently the company’s common shares owned by public are about 361.33M shares, out of which, 205.22M shares are available for trading.
Stock saw a price change of 9.37% in past 5 days and over the past one month there was a price change of 21.31%. Year-to-date (YTD), CG shares are showing a performance of 26.17% which increased to 70.68% 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 $50.92 during that period. The average intraday trading volume for Carlyle Group Inc shares is 2.46 million. The stock is currently trading 12.39% above its 20-day simple moving average (SMA20), while that difference is up 21.53% for SMA50 and it goes to 19.21% 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 59.88% of that.
The stock has a current market capitalization of $18.30B and its 3Y-monthly beta is at 1.72. It has posted earnings per share of -$1.11 in the same period. It has a debt-to-equity ratio of 2.10. 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 2.50% while standing at 2.58% over the month.
Stock’s fiscal year EPS is expected to rise by 14.61% while it is estimated to increase by 18.68% 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 Wells Fargo on September 12, 2024 offering an Equal weight rating for the stock and assigned a target price of $42 to it. Coverage by Redburn Atlantic stated Carlyle Group Inc (CG) stock as a Buy in their note to investors on August 27, 2024, suggesting a price target of $55 for the stock. On August 06, 2024, JP Morgan Downgrade their recommendations, while on January 19, 2024, Citigroup Downgrade their ratings for the stock with a price target of $41. Stock get a Market perform rating from TD Cowen on January 04, 2024.
