Otis Worldwide Corp


OTIS

Price

83.32


Change

-0.78


High

83.87


Low

82.973


Avg Volume

2,439,582


PE Ratio

31.44


52 Week High

92.84


52 Week Low

58.08



Profile

Otis Worldwide Corporation is an American company that develops, manufactures and markets elevators, escalators, moving walkways, and related equipment. Based in Farmington, Connecticut, U.S, Otis is the world's largest manufacturer of vertical transportation systems, principally focusing on elevators, moving walkways, and escalators. The company pioneered the development of the "safety elevator", invented by Elisha Otis in 1852, which used a special mechanism to lock the elevator car in place should the hoisting ropes fail.


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