Woodward Inc (NASDAQ:WWD) shares, rose in value on Friday, May 30, with the stock price down by -0.75% to the previous day’s close as strong demand from buyers drove the stock to $216.33.
Actively observing the price movement in the last trading, the stock closed the session at $217.96. The PE ratio was 34.95 over 12-month period. Referring to stock’s 52-week performance, its high was $220.05, and the low was $145.98. On the whole, WWD has fluctuated by 15.33% over the past month.
With the market capitalization of Woodward Inc currently standing at about $12.87 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 1.06, with its dividend yield at 0.49%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that WWD’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 2.78, with the price of WWD currently trading nearly 4.97% and 14.45% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 68.28, while the 7-day volatility ratio is showing 2.13% which for the 30-day chart, stands at 1.43%. Furthermore, Woodward Inc (WWD)’s beta value is 1.25, and its average true range (ATR) is 5.59.
A comparison of Woodward Inc (WWD) with its peers suggests the former has fared considerably weaker in the market. WWD showed an intraday change of -0.75% in last session, and over the past year, it grew by 16.78%%.
Data on historical trading for Woodward Inc (NASDAQ:WWD) indicates that the trading volumes over the past 3 months, they’ve averaged 526.60K. According to company’s latest data on outstanding shares, there are 59.55 million shares outstanding.
Nearly 0.44% of Woodward Inc’s shares belong to company insiders and institutional investors own 90.79% of the company’s shares. The stock has risen by 29.99% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the WWD stock heading into the next quarter.
