Carlyle Group Inc (NASDAQ:CG) shares, rose in value, with the stock price up by 1.07% to the previous day’s close as strong demand from buyers drove the stock to $46.11.
Actively observing the price movement in the last trading, the stock closed the session at $45.62. The value of beta (5-year monthly) was 1.78. Referring to stock’s 52-week performance, its high was $48.52, and the low was $25.20. On the whole, CG has fluctuated by -1.43% over the past month.
With the market capitalization of Carlyle Group Inc currently standing at about $16.57 billion, investors are eagerly awaiting this quarter’s results, scheduled for May 01, 2024. The company’s Forward Dividend Ratio is 1.40, with its dividend yield at 3.04%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that CG’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of CG currently trading nearly 0.03% and 0.55% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 52.20, while the 7-day volatility ratio is showing 2.80% which for the 30-day chart, stands at 2.41%. Furthermore, Carlyle Group Inc (CG)’s beta value is 1.77, and its average true range (ATR) is 1.16.
A comparison of Carlyle Group Inc (CG) with its peers suggests the former has fared considerably weaker in the market. CG showed an intraday change of 1.07% in last session, and over the past year, it grew by 59.11%%.
Data on historical trading for Carlyle Group Inc (NASDAQ:CG) indicates that the trading volumes over the past 3 months, they’ve averaged 2.30 million. According to company’s latest data on outstanding shares, there are 361.33 million shares outstanding.
Nearly 44.48% of Carlyle Group Inc’s shares belong to company insiders and institutional investors own 60.26% of the company’s shares. The stock has risen by 13.32% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the CG stock heading into the next quarter.
