Omnicom Group, Inc (NYSE:OMC) shares, rose in value, with the stock price down by -0.26% to the previous day’s close as strong demand from buyers drove the stock to $74.06.
Actively observing the price movement in the last trading, the stock closed the session at $74.25. The PE ratio was 10.13 over 12-month period. Referring to stock’s 52-week performance, its high was $107.00, and the low was $69.13. On the whole, OMC has fluctuated by -1.84% over the past month.
With the market capitalization of Omnicom Group, Inc currently standing at about $14.45 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 2.80, with its dividend yield at 3.78%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that OMC’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 100% 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 PEG ratio is about 1.75, with the price of OMC currently trading nearly -2.28% and -3.05% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 43.47, while the 7-day volatility ratio is showing 0.92% which for the 30-day chart, stands at 1.27%. Furthermore, Omnicom Group, Inc (OMC)’s beta value is 0.96, and its average true range (ATR) is 1.76.
A comparison of Omnicom Group, Inc (OMC) with its peers suggests the former has fared considerably weaker in the market. OMC showed an intraday change of -0.26% in last session, and over the past year, it shrunk by -21.40%%.
Data on historical trading for Omnicom Group, Inc (NYSE:OMC) indicates that the trading volumes over the past 3 months, they’ve averaged 3.50 million. According to company’s latest data on outstanding shares, there are 195.11 million shares outstanding.
Nearly 1.21% of Omnicom Group, Inc’s shares belong to company insiders and institutional investors own 106.00% of the company’s shares. The stock has fallen by -13.92% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the OMC stock heading into the next quarter.
