The Carlyle Group Inc. (NASDAQ:CG) Relative Strength Index (RSI) is 55.30, with weekly volatility at 2.92% and ATR at 1.04. The CG stock’s 52-week price range has touched low of $23.48 and a $45.23 high. Intraday shares traded counted 0.89 million, which was 39.06% higher than its 30-day average trading volume of 1.46M. Its shares traded lower over the last trading session, losing -1.16% on 05/18/21. The shares fell to a low of $42.59 before closing at $42.62. CG’s previous close was $43.12 while the outstanding shares total 354.23M. The firm has a beta of 1.39, a 12-month trailing P/E ratio of 8.54, and a growth ratio of 0.54.
Investors have identified the Asset Management company The Carlyle Group Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $14.74 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Having a look at the company’s valuation, the company is expected to record 2.97 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on CG sounds very interesting.
Is the stock of CG attractive?
In related news, Chief Executive Officer, LEE KEWSONG sold 2,639 shares of the company’s stock in a transaction that recorded on May 03. The sale was performed at an average price of 43.49, for a total value of 114,770. As the sale deal closes, the Director, Rubenstein David M. now sold 3,000,000 shares of the company’s stock, valued at 107,400,000. Also, General Counsel, Ferguson Jeffrey W. sold 14,236 shares of the company’s stock in a deal that was recorded on Feb 09. The shares were price at an average price of 36.60 per share, with a total market value of 521,038. Following this completion of acquisition, the Chief Financial Officer, Buser Curtis L. now holds 33,215 shares of the company’s stock, valued at 1,215,669. In the last 6 months, insiders have changed their ownership in shares of company stock by 26.00%.
9 out of 16 analysts covering the stock have rated it a Buy, while 7 have maintained a Hold recommendation on The Carlyle Group Inc.. 0 analysts has assigned a Sell rating on the CG stock. The 12-month mean consensus price target for the company’s shares has been set at $46.18.