TJX Companies, Inc (NYSE:TJX) shares, rose in value, with the stock price down by -1.36% to the previous day’s close as strong demand from buyers drove the stock to $126.22.
Actively observing the price movement in the last trading, the stock closed the session at $127.96. The PE ratio was 29.76 over 12-month period. Referring to stock’s 52-week performance, its high was $135.85, and the low was $101.01. On the whole, TJX has fluctuated by -0.72% over the past month.
With the market capitalization of TJX Companies, Inc currently standing at about $140.92 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 1.12, with its dividend yield at 0.89%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that TJX’s technical picture suggests that short-term indicators denote the stock is a 50% 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 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 3.51, with the price of TJX currently trading nearly -2.84% and 0.24% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 43.87, while the 7-day volatility ratio is showing 2.00% which for the 30-day chart, stands at 1.41%. Furthermore, TJX Companies, Inc (TJX)’s beta value is 0.90, and its average true range (ATR) is 2.67.
A comparison of TJX Companies, Inc (TJX) with its peers suggests the former has fared considerably weaker in the market. TJX showed an intraday change of -1.36% in last session, and over the past year, it grew by 26.02%%.
Data on historical trading for TJX Companies, Inc (NYSE:TJX) indicates that the trading volumes over the past 3 months, they’ve averaged 6.06 million. According to company’s latest data on outstanding shares, there are 1.12 billion shares outstanding.
Nearly 0.14% of TJX Companies, Inc’s shares belong to company insiders and institutional investors own 91.89% of the company’s shares. The stock has risen by 4.48% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the TJX stock heading into the next quarter.
