Carpenter Technology Stock News

Here is how Teck Resources Ltd (TECK) and Carpenter Technology (CRS) have performed compared to their sector so far this year.

PHILADELPHIA, March 21, 2022 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS) announced today that it will increase base prices by an average of twelve percent (12%) to fifteen perc

Carpenter Technology (CRS) has priced an offering of $300.0M aggregate principal amount of 7.625% senior unsecured notes due 2030 in an underwritten public offering.The notes were…

PHILADELPHIA, March 11, 2022 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS) (the “Company”) announced today that it priced an offering of $300.0 million aggregate principal am

Carpenter Technology (CRS) has launched an underwritten public offering of senior notes; terms are yet to be disclosed.Net proceeds from the offering will be used to repay in full…

PHILADELPHIA, March 09, 2022 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS) (the “Company”) announced today that it has commenced an underwritten public offering of senior note

Carpenter (CRS) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Carpenter (CRS) reported earnings 30 days ago. What's next for the stock?

Carpenter Technology's (CRS) 4500-ton press at its Reading, PA facility is now back in service, which will help in meeting customer demand in the Aerospace supply chain.

Carpenter Technology Corporatio found using ticker (CRS) now have 4 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The range between the high target price and low target price is between 53 and 38 with the average target price sitting at 43.5. With the stocks previous close at 38.65 this now indicates there is a potential upside of 12.5%. The 50 day MA is 31.93 and the 200 day MA is 34.88. The market capitalisation for the company is $1,853m. Visit the company website at: https://www.carpentertechnology.com [stock_market_widget type="chart" template="basic" color="green" assets=CRS" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $2,086m based on the market concensus. Carpenter Technology Corporation manufactures, fabricates, and distributes specialty metals worldwide. It operates through two segments, Specialty Alloys Operations and Performance Engineered Products. The company offers specialty alloys, including titanium alloys, powder metals, stainless steels, alloy steels, and tool steels, as well as additives, and metal powders and parts.

The "Implantable Biomaterials Global Market Report 2021: COVID-19 Growth and Change to 2030" report has been added to ResearchAndMarkets.com''s offering. This report provides the strategists, marketers and senior management with the critical information they need to assess the global implantable biomaterials market. The global implantable biomaterials market is expected to grow from $103.9 billion in 2020 to $114.35 billion in 2021 at a compound annual growth rate (CAGR) of 10.1%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $161.22 billion in 2025 at a CAGR of 9%. Companies Mentioned Evonik Industries AG Royal DSM Zimmer Biomet Holdings Carpenter Technology Corporation Collagen Matrix Corbion BASF SE Invibio Ltd.

Carpenter Technology Corp. (CRS) shares closed today 16.7% higher than it did at the end of yesterday. The stock is currently up 14.5% year-to-date, down 1.6% over the past 12 months, and down 11.8% over the past five years. Today, the Dow Jones Industrial Average fell 1.5%, and the S&P 500 fell 2.0%. Trading Activity Shares traded as high as $33.91 and as low as $28.57 this week.Shares closed 19.8% below its 52-week high and 45.3% above its 52-week low.Trading volume this week was 10.2% higher than the 10-day average and 22.2% higher than the 30-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.4. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates an upward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price beats the S&P 500 Index today, lags it on a 1-year basis, and lags it on a 5-year basis The company's share price beats the Dow Jones Industrial Average today, lags it on a 1-year basis, and lags it on a 5-year basis The company share price beats the performance of its peers in the Materials industry sector today, lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by 202.2% The company's stock price performance over the past 12 months lags the peer average by -104.7% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.

Carpenter Technology <> soars to six-month highs after J.P