Raytheon Technologies Corporation (RTX): Research report on RTX Performance

Argus announced it was Downgrade coverage of Raytheon Technologies Corporation in a research note on July 29, 2020. The analysts assigned a Hold rating to the stock. Vertical Research rated the stock as a Buy in a research noted published on July 10, 2020. RBC Capital Mkts rated the stock as an Outperform in a research note published on May 21, 2020.

RTX Recent Trade

The share price of RTX descended by -$1.94 during the exchanging session on 07/30/20 to exchange at $57.46. Raytheon Technologies Corporation stock has an exchanging volume of 12.27 million shares, which is high, contrasted with its 3-months average volume of 11.36M shares. Its market capitalization has now reached to $88.60B and analysts have a consensus target price of $76.25 in the 12-month period.

RTX Past Trading Activity

The market tends to become urbane often, in any event, for prepared investors and traders. In any event, when a merchant got what he/she had expected, the market occasionally chooses to move the other way. This instability leads a few traders questioning and re-thinking their moves. This is the reason becoming acquainted with past price performance, just as both long and short time period, is significant. If we look the past performance, during the last one week, RTX price has dropped by -8.97%. In the course of past three months sees the stock go down around -11.34%, while it has lost -36.74% over the past six months and -34.95% since the start of the year.

RTX Earning History

Earnings per share are the amount of profit that a company produces during a specific period, which is usually defined as a quarter (three calendar months) or a year. In recent quarter of (Sep 2020), Raytheon Technologies Corporation posted $0.4 earnings per share (EPS) which was above the consensus estimate of $0.12 by $0.28, which represents to an expansion by 233.30%.

RTX Price Performance

Let us presently take a gander at a portion of its probable help and opposition resistance. Late research on Raytheon Technologies Corporation has seen its stock exchanging -23.32% underneath its three-month high price. A glance at the opposite side additionally observes stock exchanging +12.38% above its three-month low. A more extensive look sees RTX exchanging -38.51% beneath its 52-week high and 41.15% above from its 52-week low price.

RTX Instability & Beta Factor

The Volatility of a stock means that the stock’s drop or increase in the event that the more extensive market drops or rushes. A beta score higher than 1 implies that a stock is profoundly unpredictable while underneath 1 implies that the Volatility of a stock is low. If we look trading Volatility. Its 7-day Volatility is around 2.93%, while it has a month to month instability of 2.76%. Ticker has an ATR (Average True Range) of 1.94 and a beta factor of 1.39.

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