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Otis Worldwide Corp. Hits New 52-Week Low at $77.30
Otis Worldwide Corp. has fallen to a new 52-week low of $77.30, marking a 20.78% decline over the past year. The company, a mid-cap player in the building products industry, faces significant financial challenges as indicated by its negative return on equity, debt-to-equity ratio, and price-to-book ratio. Despite offering a high dividend yield, its long-term operating profit growth remains weak, underperforming the S&P 500.