Lilly(Eli) & Co (NYSE:LLY) shares, rose in value, with the stock price up by 0.80% to the previous day’s close as strong demand from buyers drove the stock to $725.15.
Actively observing the price movement in the recent trading, the stock is buoying the session at $719.39. The PE ratio was 60.07 over 12-month period. Referring to stock’s 52-week performance, its high was $972.53, and the low was $677.09. On the whole, LLY has fluctuated by -18.08% over the past month.
With the market capitalization of Lilly(Eli) & Co currently standing at about $687.25 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 5.60, with its dividend yield at 0.77%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that LLY’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 1.45, with the price of LLY currently trading nearly -3.38% and -7.78% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 41.83, while the 7-day volatility ratio is showing 1.28% which for the 30-day chart, stands at 3.68%. Furthermore, Lilly(Eli) & Co (LLY)’s beta value is 0.40, and its average true range (ATR) is 25.86.
A comparison of Lilly(Eli) & Co (LLY) with its peers suggests the former has fared considerably weaker in the market. LLY showed an intraday change of 0.80% in today’s session so far, and over the past year, it shrunk by -10.19%%.
Data on historical trading for Lilly(Eli) & Co (NYSE:LLY) indicates that the trading volumes over the past 3 months, they’ve averaged 4.20 million. According to company’s latest data on outstanding shares, there are 948.10 million shares outstanding.
Nearly 10.35% of Lilly(Eli) & Co’s shares belong to company insiders and institutional investors own 78.90% of the company’s shares. The stock has fallen by -6.07% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the LLY stock heading into the next quarter.
