Carpenter Technology Corp (NYSE:CRS) shares, rose in value on Friday, July 11, with the stock price up by 0.46% to the previous day’s close as strong demand from buyers drove the stock to $277.98.
Actively observing the price movement in the last trading, the stock closed the session at $276.72, falling within a range of $275.42 and $281.22. The value of beta (5-year monthly) was 1.372 whereas the PE ratio was 39.39 over 12-month period. Referring to stock’s 52-week performance, its high was $282.99, and the low was $106.42. On the whole, CRS has fluctuated by 13.03% over the past month.
With the market capitalization of Carpenter Technology Corp currently standing at about $13.84 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Apr-24. The company’s Forward Dividend Ratio is 0.80, with its dividend yield at 0.29%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that CRS’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 1.15, with the price of CRS currently trading nearly 4.21% and 13.90% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 70.61, while the 7-day volatility ratio is showing 3.26% which for the 30-day chart, stands at 2.96%. Furthermore, Carpenter Technology Corp (CRS)’s beta value is 1.46.
A comparison of Carpenter Technology Corp (CRS) with its peers suggests the former has fared considerably weaker in the market. CRS showed an intraday change of 0.46% in last session, and over the past year, it grew by 63.80%%.
Data on historical trading for Carpenter Technology Corp (NYSE:CRS) indicates that the trading volumes over the past 10 days have averaged 1.69 and over the past 3 months, they’ve averaged 999.03K. According to company’s latest data on outstanding shares, there are 49.77 million shares outstanding.
Nearly 4.14% of Carpenter Technology Corp’s shares belong to company insiders and institutional investors own 99.03% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 4.75 million shares as on 2025-06-13, resulting in a short ratio of 5.79. According to the data, the short interest in Carpenter Technology Corp (CRS) stood at 1338.00 of shares outstanding as of 2025-06-13; the number of short shares registered in 2025-05-15 reached 4.94 million. The stock has risen by 159.29% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the CRS stock heading into the next quarter.
