Philip Morris International Inc (NYSE:PM) shares, rose in value on Wednesday, May 07, with the stock price up by 0.74% to the previous day’s close as strong demand from buyers drove the stock to $175.36.
Actively observing the price movement in the last trading, the stock closed the session at $174.08. The PE ratio was 36.04 over 12-month period. Referring to stock’s 52-week performance, its high was $174.21, and the low was $97.18. On the whole, PM has fluctuated by 15.96% over the past month.
With the market capitalization of Philip Morris International Inc currently standing at about $272.95 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 5.35, with its dividend yield at 3.05%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that PM’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% 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 3.24, with the price of PM currently trading nearly 6.05% and 10.70% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 73.91, while the 7-day volatility ratio is showing 1.52% which for the 30-day chart, stands at 2.34%. Furthermore, Philip Morris International Inc (PM)’s beta value is 0.54, and its average true range (ATR) is 3.62.
A comparison of Philip Morris International Inc (PM) with its peers suggests the former has fared considerably weaker in the market. PM showed an intraday change of 0.74% in last session, and over the past year, it grew by 80.04%%.
Data on historical trading for Philip Morris International Inc (NYSE:PM) indicates that the trading volumes over the past 3 months, they’ve averaged 6.80 million. According to company’s latest data on outstanding shares, there are 1.56 billion shares outstanding.
Nearly 0.18% of Philip Morris International Inc’s shares belong to company insiders and institutional investors own 80.68% of the company’s shares. The stock has risen by 45.71% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the PM stock heading into the next quarter.
