RTX Corp (NYSE:RTX) shares, rose in value on Thursday, February 13, with the stock price down by -0.74% to the previous day’s close as strong demand from buyers drove the stock to $125.84.
Actively observing the price movement in the last trading, the stock closed the session at $126.78. The PE ratio was 35.42 over 12-month period. Referring to stock’s 52-week performance, its high was $132.43, and the low was $88.90. On the whole, RTX has fluctuated by 5.33% over the past month.
With the market capitalization of RTX Corp currently standing at about $167.63 billion, investors are eagerly awaiting this quarter’s results, scheduled for in March. The company’s Forward Dividend Ratio is 2.48, with its dividend yield at 1.97%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 84.19B, with a low estimate of 19.26B and a high estimate of 20.19B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 19.82B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that RTX’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 3.69, with the price of RTX currently trading nearly -0.68% and 4.18% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 52.54, while the 7-day volatility ratio is showing 1.49% which for the 30-day chart, stands at 2.04%. Furthermore, RTX Corp (RTX)’s beta value is 0.85, and its average true range (ATR) is 2.45.
A comparison of RTX Corp (RTX) with its peers suggests the former has fared considerably weaker in the market. RTX showed an intraday change of -0.74% in last session, and over the past year, it grew by 38.07%%.
Data on historical trading for RTX Corp (NYSE:RTX) indicates that the trading volumes over the past 3 months, they’ve averaged 4.52 million. According to company’s latest data on outstanding shares, there are 1.33 billion shares outstanding.
Nearly 0.09% of RTX Corp’s shares belong to company insiders and institutional investors own 81.22% of the company’s shares. The stock has risen by 8.75% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the RTX stock heading into the next quarter.
