Koninklijke Philips N.V. ADR (NYSE:PHG) shares, rose in value on Friday, March 28, with the stock price down by -0.19% to the previous day’s close as strong demand from buyers drove the stock to $25.64.
Actively observing the price movement in the last trading, the stock closed the session at $25.69, falling within a range of $25.595 and $26.135. The value of beta (5-year monthly) was 0.802. Referring to stock’s 52-week performance, its high was $32.91, and the low was $19.10. On the whole, PHG has fluctuated by -1.50% over the past month.
With the market capitalization of Koninklijke Philips N.V. ADR currently standing at about $23.72 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-18.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 18.78B, with a low estimate of 4B and a high estimate of 4.42B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 4.12B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that PHG’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 50% 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 PHG currently trading nearly -2.58% and -3.88% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 43.99, while the 7-day volatility ratio is showing 1.48% which for the 30-day chart, stands at 1.49%. Furthermore, Koninklijke Philips N.V. ADR (PHG)’s beta value is 0.81, and its average true range (ATR) is 0.56.
A comparison of Koninklijke Philips N.V. ADR (PHG) with its peers suggests the former has fared considerably weaker in the market. PHG showed an intraday change of -0.19% in last session, and over the past year, it grew by 32.32%%.
Data on historical trading for Koninklijke Philips N.V. ADR (NYSE:PHG) indicates that the trading volumes over the past 10 days have averaged 0.64 and over the past 3 months, they’ve averaged 749.86K. According to company’s latest data on outstanding shares, there are 925.01 million shares outstanding.
Nearly 0.00% of Koninklijke Philips N.V. ADR’s shares belong to company insiders and institutional investors own 6.13% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 2.36 million shares as on 2025-03-14, resulting in a short ratio of 1.68. The stock has risen by 1.26% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the PHG stock heading into the next quarter.
