RTX Corp (NYSE:RTX) shares, rose in value, with the stock price up by 1.12% to the previous day’s close as strong demand from buyers drove the stock to $136.32.
Actively observing the price movement in the recent trading, the stock is buoying the session at $134.80. The PE ratio was 39.97 over 12-month period. Referring to stock’s 52-week performance, its high was $138.82, and the low was $99.07. On the whole, RTX has fluctuated by 8.08% over the past month.
With the market capitalization of RTX Corp currently standing at about $182.11 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 2.57, with its dividend yield at 1.89%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that RTX’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 4.23, with the price of RTX currently trading nearly 2.93% and 5.17% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 60.82, while the 7-day volatility ratio is showing 1.49% which for the 30-day chart, stands at 1.31%. Furthermore, RTX Corp (RTX)’s beta value is 0.61, and its average true range (ATR) is 3.04.
A comparison of RTX Corp (RTX) with its peers suggests the former has fared considerably weaker in the market. RTX showed an intraday change of 1.12% in today’s session so far, and over the past year, it grew by 29.18%%.
Data on historical trading for RTX Corp (NYSE:RTX) indicates that the trading volumes over the past 3 months, they’ve averaged 5.53 million. According to company’s latest data on outstanding shares, there are 1.34 billion shares outstanding.
Nearly 0.12% of RTX Corp’s shares belong to company insiders and institutional investors own 82.46% of the company’s shares. The stock has risen by 17.80% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the RTX stock heading into the next quarter.
