Shares of Textron have moved 6.3% today, and are now trading at a price of $74.31. In contrast, the S&P 500 index saw a -1.1% change and the Dow Industrial Average posted a -1.6% performance. Today's trading volume is 2,110,736 compared to the stock's average volume of 1,308,090.
Textron Inc. operates in the aircraft, defense, industrial, and finance businesses. Based in Providence, United States the company has 33,000 full time employees and a market cap of $15,513,773,056. Textron currently offers its equity investors a dividend that yields 0.1% per year.
Over the last year, TXT shares have gone down by -7.1%, which represents a difference of 7.6% when compared to the S&P 500. The stock's 52 week high is $79.45 per share and its 52 week low is $57.11. Based on Textron's average gross margin growth of 1.0% over the last four years, its core business remains strong and the stock price may recover in the long term.