Stanley Black & Decker Inc (NYSE:SWK) shares, rose in value, with the stock price up by 1.03% to the previous day’s close as strong demand from buyers drove the stock to $66.82.
Actively observing the price movement in the recent trading, the stock is buoying the session at $66.14. The PE ratio was 28.38 over 12-month period. Referring to stock’s 52-week performance, its high was $110.88, and the low was $53.91. On the whole, SWK has fluctuated by 9.08% over the past month.
With the market capitalization of Stanley Black & Decker Inc currently standing at about $10.34 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 3.27, with its dividend yield at 4.89%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that SWK’s technical picture suggests that short-term indicators denote the stock is a 50% Sell 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 PEG ratio is about 1.78, with the price of SWK currently trading nearly 1.03% and 0.41% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 50.72, while the 7-day volatility ratio is showing 1.90% which for the 30-day chart, stands at 4.16%. Furthermore, Stanley Black & Decker Inc (SWK)’s beta value is 1.18, and its average true range (ATR) is 2.73.
A comparison of Stanley Black & Decker Inc (SWK) with its peers suggests the former has fared considerably weaker in the market. SWK showed an intraday change of 1.03% in today’s session so far, and over the past year, it shrunk by -22.41%%.
Data on historical trading for Stanley Black & Decker Inc (NYSE:SWK) indicates that the trading volumes over the past 3 months, they’ve averaged 2.92 million. According to company’s latest data on outstanding shares, there are 154.69 million shares outstanding.
Nearly 0.34% of Stanley Black & Decker Inc’s shares belong to company insiders and institutional investors own 96.52% of the company’s shares. The stock has fallen by -16.77% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the SWK stock heading into the next quarter.
