Caterpillar Inc., one of the leading companies in the industrial machinery industry, has a market capitalization of approximately 129.4 bln USD as of 3rd February 2023. This value, based on the current stock price, is calculated from the amount of all outstanding shares’ prices multiplied by their total number. According to the data available for previous dates (2nd February and 1st February 2023), market capitalization was at 127.4 bln and 129.8 bln USD respectively.
Caterpillar’s stock price as of 3rd February 2023 stands at 248.7 USD per share, representing an increase of 4.34 USD (1.7761%) from its previous close and an increase from its 50-day average price of 244.4512 USD per share and 200-day average price of 209.0537 USD per share seen on 1st February 2023 and 2nd February 2023 respectively. The 52-weeks high is 266.04 USD per share and 52-weeks low is 160.6 USD per share with a volume traded in 2394389 stocks over 3194198 average daily volume on 3rd February 2023
Given these figures, it can be concluded that Caterpillar Inc.’s performance has been strong in terms of its financial position despite volatility in the market over recent weeks; it has seen an increase in its market capitalization since 1st January 2021 with its stock price remaining relatively stable compared to its 50-day average during this period whilst experiencing some ups and downs along the way . Furthermore, it has achieved a significant milestone by setting a new 52-week high for its stock price at 266.04 USD per share which is higher than any other point since 2nd Feb 2020 when it reached 256USD per share
