Prologis Inc (NYSE:PLD) shares, rose in value, with the stock price up by 1.22% to the previous day’s close as strong demand from buyers drove the stock to $107.92.
Actively observing the price movement in the last trading, the stock closed the session at $106.62. The PE ratio was 27.24 over 12-month period. Referring to stock’s 52-week performance, its high was $132.57, and the low was $85.35. On the whole, PLD has fluctuated by 4.45% over the past month.
With the market capitalization of Prologis Inc currently standing at about $102.58 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 3.89, with its dividend yield at 3.60%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that PLD’s technical picture suggests that short-term indicators denote the stock is a Hold 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 PLD currently trading nearly 1.19% and 2.76% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 54.04, while the 7-day volatility ratio is showing 1.45% which for the 30-day chart, stands at 1.66%. Furthermore, Prologis Inc (PLD)’s beta value is 1.26, and its average true range (ATR) is 2.82.
A comparison of Prologis Inc (PLD) with its peers suggests the former has fared considerably weaker in the market. PLD showed an intraday change of 1.22% in last session, and over the past year, it grew by 2.16%%.
Data on historical trading for Prologis Inc (NYSE:PLD) indicates that the trading volumes over the past 3 months, they’ve averaged 5.33 million. According to company’s latest data on outstanding shares, there are 927.88 million shares outstanding.
Nearly 0.44% of Prologis Inc’s shares belong to company insiders and institutional investors own 94.81% of the company’s shares. The stock has risen by 2.10% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the PLD stock heading into the next quarter.
