Honeywell International Inc (NASDAQ:HON) shares, rose in value, with the stock price down by -0.07% to the previous day’s close as strong demand from buyers drove the stock to $224.45.
Actively observing the price movement in the recent trading, the stock is buoying the session at $224.61. The PE ratio was 25.78 over 12-month period. Referring to stock’s 52-week performance, its high was $242.77, and the low was $179.36. On the whole, HON has fluctuated by 6.13% over the past month.
With the market capitalization of Honeywell International Inc currently standing at about $144.25 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 4.47, with its dividend yield at 1.99%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that HON’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 50% Sell 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 3.33, with the price of HON currently trading nearly 2.39% and 7.11% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 61.72, while the 7-day volatility ratio is showing 1.33% which for the 30-day chart, stands at 1.33%. Furthermore, Honeywell International Inc (HON)’s beta value is 1.07, and its average true range (ATR) is 4.13.
A comparison of Honeywell International Inc (HON) with its peers suggests the former has fared considerably weaker in the market. HON showed an intraday change of -0.07% in today’s session so far, and over the past year, it grew by 12.40%%.
Data on historical trading for Honeywell International Inc (NASDAQ:HON) indicates that the trading volumes over the past 3 months, they’ve averaged 4.58 million. According to company’s latest data on outstanding shares, there are 642.68 million shares outstanding.
Nearly 0.12% of Honeywell International Inc’s shares belong to company insiders and institutional investors own 80.08% of the company’s shares. The stock has fallen by -0.64% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the HON stock heading into the next quarter.
