Stock Price & Volume | Full Chart
No headlines found.
ABB invests $170 million in the U.S.
Globe Newswire (Tue, 4-Apr 8:00 AM ET)
ABB to add new US manufacturing facility to support grid hardening and resiliency
Globe Newswire (Thu, 30-Mar 8:55 AM ET)
ABB to expand Robotics factory in US
Globe Newswire (Thu, 16-Mar 8:00 AM ET)
ABB is a global supplier of electrical equipment and automation products. Founded in the late 19th century, the company was created out of the merger of two old industrial companies: ASEA and BBC. The company is the number-one or number-two supplier in all of its core markets and the number-two robotic arm supplier globally. In automation, it offers a full suite of products for discrete and process automation (continuous processes like chemical production) as well as industrial robotics.
Abb trades on the NYSE stock market under the symbol ABB.
As of June 2, 2023, ABB stock price was flat at $37.13 with million shares trading.
ABB has a beta of 1.07, meaning it tends to be more sensitive to market movements. ABB has a correlation of 0.61 to the broad based SPY ETF.
ABB has a market cap of $69.04 billion. This is considered a Large Cap stock.
Last quarter Abb reported $8 billion in Revenue and $.55 earnings per share. This beat revenue expectation by $369 million and exceeded earnings estimates by $.04.
In the last 3 years, ABB stock traded as high as $39.11 and as low as $20.37.
ABB has outperformed the market in the last year with a return of +19.0%, while the SPY ETF gained +4.1%. In the last 3 month period, ABB beat the market returning +12.9%, while SPY returned +7.9%. However, in the most recent 2 weeks ABB has underperformed the stock market by returning -1.1%, while SPY returned +2.2%.
ABB support price is $36.87 and resistance is $37.39 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ABB stock will trade within this expected range on the day.