Interpublic Group Of Cos., Inc (NYSE:IPG) shares, rose in value, with the stock price down by -0.79% to the previous day’s close as strong demand from buyers drove the stock to $24.12.
Actively observing the price movement in the recent trading, the stock is buoying the session at $24.31. The PE ratio was 18.44 over 12-month period. Referring to stock’s 52-week performance, its high was $33.05, and the low was $22.51. On the whole, IPG has fluctuated by -3.99% over the past month.
With the market capitalization of Interpublic Group Of Cos., Inc currently standing at about $8.92 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 1.32, with its dividend yield at 5.47%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that IPG’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 6.75, with the price of IPG currently trading nearly -3.21% and -3.40% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 41.48, while the 7-day volatility ratio is showing 1.17% which for the 30-day chart, stands at 1.38%. Furthermore, Interpublic Group Of Cos., Inc (IPG)’s beta value is 1.05, and its average true range (ATR) is 0.61.
A comparison of Interpublic Group Of Cos., Inc (IPG) with its peers suggests the former has fared considerably weaker in the market. IPG showed an intraday change of -0.79% in today’s session so far, and over the past year, it shrunk by -22.67%%.
Data on historical trading for Interpublic Group Of Cos., Inc (NYSE:IPG) indicates that the trading volumes over the past 3 months, they’ve averaged 6.59 million. According to company’s latest data on outstanding shares, there are 369.74 million shares outstanding.
Nearly 0.44% of Interpublic Group Of Cos., Inc’s shares belong to company insiders and institutional investors own 102.06% 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 IPG stock heading into the next quarter.
