Procter & Gamble Co (NYSE:PG) shares, rose in value, with the stock price up by 0.31% to the previous day’s close as strong demand from buyers drove the stock to $169.07.
Actively observing the price movement in the recent trading, the stock is buoying the session at $168.56. The PE ratio was 26.85 over 12-month period. Referring to stock’s 52-week performance, its high was $180.43, and the low was $156.58. On the whole, PG has fluctuated by 4.00% over the past month.
With the market capitalization of Procter & Gamble Co currently standing at about $396.40 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 4.08, with its dividend yield at 2.41%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that PG’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 50% Sell while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the PEG ratio is about 6.57, with the price of PG currently trading nearly 3.82% and 2.81% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 62.80, while the 7-day volatility ratio is showing 0.58% which for the 30-day chart, stands at 1.05%. Furthermore, Procter & Gamble Co (PG)’s beta value is 0.43, and its average true range (ATR) is 2.69.
A comparison of Procter & Gamble Co (PG) with its peers suggests the former has fared considerably weaker in the market. PG showed an intraday change of 0.31% in today’s session so far, and over the past year, it grew by 3.66%%.
Data on historical trading for Procter & Gamble Co (NYSE:PG) indicates that the trading volumes over the past 3 months, they’ve averaged 8.60 million. According to company’s latest data on outstanding shares, there are 2.34 billion shares outstanding.
Nearly 0.07% of Procter & Gamble Co’s shares belong to company insiders and institutional investors own 69.76% of the company’s shares. The stock has risen by 0.85% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the PG stock heading into the next quarter.
