Pfizer Inc (NYSE:PFE) shares, rose in value, with the stock price up by 0.34% to the previous day’s close as strong demand from buyers drove the stock to $26.03.
Actively observing the price movement in the recent trading, the stock is buoying the session at $25.94. The PE ratio was 18.49 over 12-month period. Referring to stock’s 52-week performance, its high was $31.54, and the low was $24.48. On the whole, PFE has fluctuated by 0.61% over the past month.
With the market capitalization of Pfizer Inc currently standing at about $147.50 billion, investors are eagerly awaiting this quarter’s results, scheduled for in April. The company’s Forward Dividend Ratio is 1.69, with its dividend yield at 6.49%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 62.94B, with a low estimate of 13.94B and a high estimate of 15.25B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 14.43B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that PFE’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of PFE currently trading nearly 0.19% and -1.10% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 48.37, while the 7-day volatility ratio is showing 2.44% which for the 30-day chart, stands at 2.30%. Furthermore, Pfizer Inc (PFE)’s beta value is 0.64, and its average true range (ATR) is 0.54.
A comparison of Pfizer Inc (PFE) with its peers suggests the former has fared considerably weaker in the market. PFE showed an intraday change of 0.34% in today’s session so far, and over the past year, it grew by 0.53%%.
Data on historical trading for Pfizer Inc (NYSE:PFE) indicates that the trading volumes over the past 3 months, they’ve averaged 40.29 million. According to company’s latest data on outstanding shares, there are 5.67 billion shares outstanding.
Nearly 0.07% of Pfizer Inc’s shares belong to company insiders and institutional investors own 67.14% of the company’s shares. The stock has fallen by -1.90% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the PFE stock heading into the next quarter.
