Otis Worldwide Corp


OTIS

Price

80.12


Change

-0.35


High

81.15


Low

79.985


Avg Volume

1,955,433


PE Ratio

25.27


52 Week High

90.97


52 Week Low

61.55



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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