Charles Schwab Corp (NYSE:SCHW) shares, rose in value, with the stock price down by -0.12% to the previous day’s close as strong demand from buyers drove the stock to $87.66.
Actively observing the price movement in the recent trading, the stock is buoying the session at $87.76. The PE ratio was 26.65 over 12-month period. Referring to stock’s 52-week performance, its high was $89.85, and the low was $61.01. On the whole, SCHW has fluctuated by 7.69% over the past month.
With the market capitalization of Charles Schwab Corp currently standing at about $159.27 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 1.04, with its dividend yield at 1.19%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that SCHW’s technical picture suggests that short-term indicators denote the stock is a 100% 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 1.19, with the price of SCHW currently trading nearly 1.31% and 8.24% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 63.98, while the 7-day volatility ratio is showing 0.90% which for the 30-day chart, stands at 0.88%. Furthermore, Charles Schwab Corp (SCHW)’s beta value is 0.93, and its average true range (ATR) is 1.63.
A comparison of Charles Schwab Corp (SCHW) with its peers suggests the former has fared considerably weaker in the market. SCHW showed an intraday change of -0.12% in today’s session so far, and over the past year, it grew by 23.83%%.
Data on historical trading for Charles Schwab Corp (NYSE:SCHW) indicates that the trading volumes over the past 3 months, they’ve averaged 10.32 million. According to company’s latest data on outstanding shares, there are 1.82 billion shares outstanding.
Nearly 5.83% of Charles Schwab Corp’s shares belong to company insiders and institutional investors own 84.04% of the company’s shares. The stock has risen by 18.44% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the SCHW stock heading into the next quarter.
