PPL Corp (NYSE:PPL) shares, rose in value, with the stock price down by -1.92% to the previous day’s close as strong demand from buyers drove the stock to $34.18.
Actively observing the price movement in the last trading, the stock closed the session at $34.85. The PE ratio was 25.52 over 12-month period. Referring to stock’s 52-week performance, its high was $36.70, and the low was $27.24. On the whole, PPL has fluctuated by -6.25% over the past month.
With the market capitalization of PPL Corp currently standing at about $25.27 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 1.05, with its dividend yield at 3.06%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 8.81B, with a low estimate of 1.98B and a high estimate of 1.99B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.99B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that PPL’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of 50% Buy 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 3.43, with the price of PPL currently trading nearly -2.67% and -2.89% 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 1.27% which for the 30-day chart, stands at 1.30%. Furthermore, PPL Corp (PPL)’s beta value is 0.66, and its average true range (ATR) is 0.66.
A comparison of PPL Corp (PPL) with its peers suggests the former has fared considerably weaker in the market. PPL showed an intraday change of -1.92% in last session, and over the past year, it grew by 18.76%%.
Data on historical trading for PPL Corp (NYSE:PPL) indicates that the trading volumes over the past 3 months, they’ve averaged 5.98 million. According to company’s latest data on outstanding shares, there are 739.07 million shares outstanding.
Nearly 0.14% of PPL Corp’s shares belong to company insiders and institutional investors own 81.47% of the company’s shares. The stock has risen by 5.30% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the PPL stock heading into the next quarter.
