Colgate-Palmolive Co (NYSE:CL) shares, rose in value, with the stock price up by 0.26% to the previous day’s close as strong demand from buyers drove the stock to $92.54.
Actively observing the price movement in the recent trading, the stock is buoying the session at $92.30. The PE ratio was 26.20 over 12-month period. Referring to stock’s 52-week performance, its high was $109.30, and the low was $85.32. On the whole, CL has fluctuated by 0.38% over the past month.
With the market capitalization of Colgate-Palmolive Co currently standing at about $75.00 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 2.02, with its dividend yield at 2.18%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that CL’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a Hold.
The stock’s technical analysis shows that the PEG ratio is about 4.78, with the price of CL currently trading nearly 1.85% and 0.71% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 54.76, while the 7-day volatility ratio is showing 1.11% which for the 30-day chart, stands at 1.05%. Furthermore, Colgate-Palmolive Co (CL)’s beta value is 0.38, and its average true range (ATR) is 1.68.
A comparison of Colgate-Palmolive Co (CL) with its peers suggests the former has fared considerably weaker in the market. CL showed an intraday change of 0.26% in today’s session so far, and over the past year, it grew by 0.65%%.
Data on historical trading for Colgate-Palmolive Co (NYSE:CL) indicates that the trading volumes over the past 3 months, they’ve averaged 5.65 million. According to company’s latest data on outstanding shares, there are 810.42 million shares outstanding.
Nearly 0.16% of Colgate-Palmolive Co’s shares belong to company insiders and institutional investors own 85.50% of the company’s shares. The stock has risen by 1.79% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the CL stock heading into the next quarter.
