Otis Worldwide Corp

NYSE OTIS

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Otis Worldwide Corp Share Price on June 03, 2024: USD 98.83

Otis Worldwide Corp Share Price is USD 98.83 on June 03, 2024, a 16.92% change year over year. Share price refers to the current trading price of a single share of a company's stock. It represents the monetary value that investors are willing to pay for ownership in the company. Share prices are determined by the supply and demand dynamics in the stock market and can fluctuate throughout the trading day. Changes in share prices are influenced by various factors, including company performance, industry trends, market conditions, investor sentiment, and economic indicators. Share price is a key indicator used by investors to assess the performance and valuation of a company's stock.

Otis Worldwide Corp 52-week high Share Price is USD 100.22 on March 21, 2024, which is 1.41% above the current Share Price.
Otis Worldwide Corp 52-week low Share Price is USD 75.47 on October 25, 2023, which is -23.64% below the current Share Price.
Otis Worldwide Corp average Share Price for the last 52 weeks is USD 88.60.

NYSE: OTIS

Otis Worldwide Corp

CEO	Ms. Judith F. Marks
IPO Date	March 19, 2020
Location	United States
Headquarters	One Carrier Place, Farmington, CT, United States, 06032
Employees	71,000
Sector	Industrials
Industry	Specialty industrial machinery

Description

Otis Worldwide Corporation engages in manufacturing, installation, and servicing of elevators and escalators in the United States, China, and internationally. The company operates in two segments, New Equipment and Service. The New Equipment segment designs, manufactures, sells, and installs a range of passenger and freight elevators, as well as escalators and moving walkways for residential and commercial buildings, and infrastructure projects. This segment serves real-estate and building developers, and general contractors. It sells its products directly to customers, as well as through agents and distributors. The Service segment performs maintenance and repair services, as well as modernization services to upgrade elevators and escalators. Otis Worldwide Corporation was founded in 1853 and is headquartered in Farmington, Connecticut.

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