Carlyle Group Inc (NASDAQ:CG) shares, rose in value on Wednesday, May 07, with the stock price down by -0.05% to the previous day’s close as strong demand from buyers drove the stock to $39.95.
Actively observing the price movement in the last trading, the stock closed the session at $39.97. The PE ratio was 14.35 over 12-month period. Referring to stock’s 52-week performance, its high was $57.50, and the low was $33.02. On the whole, CG has fluctuated by 8.21% over the past month.
With the market capitalization of Carlyle Group Inc currently standing at about $14.42 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 1.40, with its dividend yield at 3.50%.
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 50% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 1.32, with the price of CG currently trading nearly 5.25% and -3.25% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 51.38, while the 7-day volatility ratio is showing 3.44% which for the 30-day chart, stands at 5.53%. Furthermore, Carlyle Group Inc (CG)’s beta value is 1.81, and its average true range (ATR) is 2.04.
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 -0.05% in last session, and over the past year, it shrunk by -2.70%%.
Data on historical trading for Carlyle Group Inc (NASDAQ:CG) indicates that the trading volumes over the past 3 months, they’ve averaged 3.50 million. According to company’s latest data on outstanding shares, there are 357.18 million shares outstanding.
Nearly 29.32% of Carlyle Group Inc’s shares belong to company insiders and institutional investors own 62.41% of the company’s shares. The stock has fallen by -20.88% 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.
