Projected Earnings Date: 2025-07-23    (Delayed quote data   2025-07-10)
Last
 99.96
Change
 ⇑ +0.64   (+0.64%)
Volume
  1,590,257
Open
 99.25
High
 100.78
Low
 98.97
8EMA (Daily)
 99.30
40EMA (Daily)
 97.52
50EMA (Daily)
 97.44
STO (Daily)
 81.128
MACD Hist (Daily)
 0.498
8EMA (Weekly)
 97.704
40EMA (Weekly)
 97.18
50EMA (Weekly)
 96.80
STO (Weekly)
 52.484
MACD Hist (Weekly)
 0.505
Otis is the largest global elevator and escalator supplier by revenue. In 1854 Otis? founder and namesake, Elisha Graves Otis, invented a safety mechanism that prevented elevators from falling if the hoisting cable failed. As the largest global OEM, over decades Otis has built a base of 2 million elevators under service. Its business model is much the same as that of its competitors Kone, Schindler, and Thyssenkrupp. Otis operates a razor and blade model where it manufactures and installs elevators at a low profit to build an installed base that will provide high profits from service in the years thereafter.
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