International Paper Co (NYSE:IP) shares, rose in value, with the stock price down by -1.73% to the previous day’s close as strong demand from buyers drove the stock to $47.72.
Actively observing the price movement in the last trading, the stock closed the session at $48.56. The PE ratio was 40.69 over 12-month period. Referring to stock’s 52-week performance, its high was $60.36, and the low was $41.50. On the whole, IP has fluctuated by 0.51% over the past month.
With the market capitalization of International Paper Co currently standing at about $25.19 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 1.85, with its dividend yield at 3.88%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that IP’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 100% Sell while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0.70, with the price of IP currently trading nearly 0.99% and -1.94% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 48.66, while the 7-day volatility ratio is showing 1.78% which for the 30-day chart, stands at 3.07%. Furthermore, International Paper Co (IP)’s beta value is 1.02, and its average true range (ATR) is 1.58.
A comparison of International Paper Co (IP) with its peers suggests the former has fared considerably weaker in the market. IP showed an intraday change of -1.73% in last session, and over the past year, it grew by 8.06%%.
Data on historical trading for International Paper Co (NYSE:IP) indicates that the trading volumes over the past 3 months, they’ve averaged 5.72 million. According to company’s latest data on outstanding shares, there are 527.80 million shares outstanding.
Nearly 1.02% of International Paper Co’s shares belong to company insiders and institutional investors own 93.65% of the company’s shares. The stock has fallen by -11.33% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the IP stock heading into the next quarter.
