Macy’s Inc (NYSE:M) shares, rose in value on Wednesday, March 26, with the stock price down by -2.28% to the previous day’s close as strong demand from buyers drove the stock to $13.27.
Actively observing the price movement in the last trading, the stock closed the session at $13.58, falling within a range of $13.115 and $13.64. The value of beta (5-year monthly) was 2.109 whereas the PE ratio was 6.43 over 12-month period. Referring to stock’s 52-week performance, its high was $20.70, and the low was $12.60. On the whole, M has fluctuated by -8.86% over the past month.
With the market capitalization of Macy’s Inc currently standing at about $3.69 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-05. The company’s Forward Dividend Ratio is 0.70, with its dividend yield at 5.30%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that M’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 M currently trading nearly -2.86% and -7.79% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 42.21, while the 7-day volatility ratio is showing 3.24% which for the 30-day chart, stands at 4.15%. Furthermore, Macy’s Inc (M)’s beta value is 1.74, and its average true range (ATR) is 0.55.
A comparison of Macy’s Inc (M) with its peers suggests the former has fared considerably weaker in the market. M showed an intraday change of -2.28% in last session, and over the past year, it shrunk by -34.47%%.
Data on historical trading for Macy’s Inc (NYSE:M) indicates that the trading volumes over the past 10 days have averaged 6.36 and over the past 3 months, they’ve averaged 7.06 million. According to company’s latest data on outstanding shares, there are 277.69 million shares outstanding.
Nearly 0.75% of Macy’s Inc’s shares belong to company insiders and institutional investors own 82.64% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 18.78 million shares as on 2025-03-14, resulting in a short ratio of 2.36. According to the data, the short interest in Macy’s Inc (M) stood at 773.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 16.37 million. The stock has fallen by -21.62% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the M stock heading into the next quarter.
