Anheuser-Busch InBev SA/NV ADR (NYSE:BUD) shares, rose in value, with the stock price up by 0.68% to the previous day’s close as strong demand from buyers drove the stock to $70.24.
Actively observing the price movement in the recent trading, the stock is buoying the session at $69.77. The PE ratio was 24.53 over 12-month period. Referring to stock’s 52-week performance, its high was $70.72, and the low was $45.94. On the whole, BUD has fluctuated by 8.14% over the past month.
With the market capitalization of Anheuser-Busch InBev SA/NV ADR currently standing at about $123.17 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 1.05, with its dividend yield at 1.49%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that BUD’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 50% Buy.
The stock’s technical analysis shows that the PEG ratio is about 2.39, with the price of BUD currently trading nearly 4.07% and 8.34% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 69.95, while the 7-day volatility ratio is showing 1.11% which for the 30-day chart, stands at 1.12%. Furthermore, Anheuser-Busch InBev SA/NV ADR (BUD)’s beta value is 0.84, and its average true range (ATR) is 0.95.
A comparison of Anheuser-Busch InBev SA/NV ADR (BUD) with its peers suggests the former has fared considerably weaker in the market. BUD showed an intraday change of 0.68% in today’s session so far, and over the past year, it grew by 8.00%%.
Data on historical trading for Anheuser-Busch InBev SA/NV ADR (NYSE:BUD) indicates that the trading volumes over the past 3 months, they’ve averaged 2.40 million. According to company’s latest data on outstanding shares, there are 1.75 billion shares outstanding.
Nearly 0.00% of Anheuser-Busch InBev SA/NV ADR’s shares belong to company insiders and institutional investors own 6.32% of the company’s shares. The stock has risen by 40.29% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the BUD stock heading into the next quarter.
