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Carpenter Technology Stock Hits 52-Week High: What's Aiding It?
CRSCarpenter(CRS) ZACKS·2025-01-21 02:01

Carpenter Technology Corporation (CRS) shares scaled a new 52-week high of $207.99 on Friday before closing the session lower at $206.58.CRS has a market capitalization of $10.3 billion. The company’s shares have skyrocketed 209.7% in the past year, outperforming the industry’s growth of 65.4% and the S&P 500 index’s rise of 26.5%.  Image Source: Zacks Investment Research What’s Aiding Carpenter Technology’s Stock Performance?Strong Backlog Levels: In the first quarter of fiscal 2025, Carpenter Technology’s ...