Caterpillar (NYSE: CAT) Announces Partnership With Polygiene

Caterpillar Inc. (NYSE: CAT) has disclosed today that it has entered into a partnership contract with Polygiene. Caterpillar is famous for making workwear and casualwear has partnered with Polygiene to protect clothes from bacteria and other microbes. Through this partnership, both companies will increase the active life of garments by reducing the need for washing.

Caterpillar is striving to fulfill its vision of the world in which the fundamental needs of individuals such as clean water, shelter, education is satisfied. CAT and Polygiene partnership will automatically lessen the impact on the environment as the people can wash considerably less. As per the agreement, the partnership begins in the casual wear collection.

Caterpillar Inc. (CAT) has seen some recent volatility in the market and its shares closed at $172.74 yesterday. People are starting to take notice of CAT as the shares traded as high as $175.38 and as low as $172.04 in the previous market session.

Caterpillar Inc. (CAT) average trading volume is 3.45M. However, in the previous market session Caterpillar Inc. (CAT) traded 3,141,524 shares. The 1st downside support level on CAT is $170.47 and the 1st upside resistance level on CAT is $176.73. CAT 50day moving average is $161.83 and CAT 200 day moving average is $139.85.

Caterpillar Inc. (CAT) most current performance has been indicated by the recent movement in CAT shares. CAT has performed 2.22% over the past 30 days, CAT has performed 25.65% over the past 90 days and CAT has shown 20.65% over the past 365 days. Caterpillar Inc. (CAT) has a 52 week range of $87.50 to $176.37. Caterpillar Inc. (CAT) is trading 97.42% from its 52 week low and -2.06% from its 52 week high. Caterpillar Inc. (CAT) is indicating a 1.25% short float indicating the sum short in the float.

CAT has 542.30M shares outstanding and 542.25M shares in the float. Caterpillar Inc. (CAT) currently has a market cap of $92.43B and an income of 3.32B. The EPS next quarter for CAT is 1.46 and the projected EPS next year is 35.64%. The market cap of Caterpillar Inc. (CAT) at $92.43B represents how many People own shares of CAT and is calculated off the last price ($172.74) of CAT and the sum of shares outstanding (542.30M) with Caterpillar Inc. (CAT).

Caterpillar Inc. (CAT) has aggregate cash (mrq) of 8.51B, aggregate cash per share (mrq) of 15.67, aggregate debt of CAT remains at 38.14B and aggregate debt/equity (mrq) is 254.35. . Caterpillar Inc. (CAT) operational cash flow (ttm) is 6.69B, CAT leveraged free cash flow (ttm) is 2.55B.

CAT is trading 4.73% above (bullish) its SMA20, 9.09% above (bullish) its SMA50 and 29.74% above (bullish) its SMA200.

Related Articles

iHeartMedia (NASDAQ: IHRT) Announces Partnership With Podimo

iHeartMedia, Inc. (NASDAQ: IHRT) has entered into a partnership with Podimo, a European Podcast platform. Both the companies inked an agreement to adapt and...

Ruhnn (NASDAQ: RUHN) Receives Going Private Proposal

Ruhnn Holding Limited's (NASDAQ: RUHN) boards of directors have got the preliminary non-binding offer letter from three founders of the firm. Founder Chao Shen,...

Moderna (NASDAQ: MRNA) Inks 160M COVID Vaccine Doses Supply Deal With EU

Moderna, Inc. (NASDAQ: MRNA) has secured a supply contract for up to 160 million doses of COVID-19 vaccine candidates from the European Union. Moderna...

Get in Touch

19,000FansLike
35,222FollowersFollow
22,458FollowersFollow

Latest Posts

iHeartMedia (NASDAQ: IHRT) Announces Partnership With Podimo

iHeartMedia, Inc. (NASDAQ: IHRT) has entered into a partnership with Podimo, a European Podcast platform. Both the companies inked an agreement to adapt and...

Ruhnn (NASDAQ: RUHN) Receives Going Private Proposal

Ruhnn Holding Limited's (NASDAQ: RUHN) boards of directors have got the preliminary non-binding offer letter from three founders of the firm. Founder Chao Shen,...

Moderna (NASDAQ: MRNA) Inks 160M COVID Vaccine Doses Supply Deal With EU

Moderna, Inc. (NASDAQ: MRNA) has secured a supply contract for up to 160 million doses of COVID-19 vaccine candidates from the European Union. Moderna...

Why Ayro (NASDAQ: AYRO) Stock Is Crashing Today?

Shares of Ayro Inc. (NASDAQ: AYRO) plummeted by 23.49% during the trading session on Tuesday. The firm has disclosed that it has completed the...

Amazon (NASDAQ: AMZN) Join Hands With Federal Watchdog To Stop Counterfeits

Amazon.com, Inc. (NASDAQ: AMZN) has disclosed today that it has teamed up with the National Intellectual Property Rights Coordination Center (IPR Center), a counterfeit...