Pfizer Inc (NYSE:PFE) shares, rose in value, with the stock price up by 1.16% to the previous day’s close as strong demand from buyers drove the stock to $23.45.
Actively observing the price movement in the last trading, the stock closed the session at $23.18. The PE ratio was 17.00 over 12-month period. Referring to stock’s 52-week performance, its high was $31.54, and the low was $20.92. On the whole, PFE has fluctuated by -1.43% over the past month.
With the market capitalization of Pfizer Inc currently standing at about $133.32 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 1.70, with its dividend yield at 7.25%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 62.44B, with a low estimate of 13.07B and a high estimate of 13.66B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 13.43B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that PFE’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 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 price of PFE currently trading nearly 1.41% and -0.06% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 52.40, while the 7-day volatility ratio is showing 1.52% which for the 30-day chart, stands at 2.15%. Furthermore, Pfizer Inc (PFE)’s beta value is 0.53, and its average true range (ATR) is 0.57.
A comparison of Pfizer Inc (PFE) with its peers suggests the former has fared considerably weaker in the market. PFE showed an intraday change of 1.16% in last session, and over the past year, it shrunk by -18.80%%.
Data on historical trading for Pfizer Inc (NYSE:PFE) indicates that the trading volumes over the past 3 months, they’ve averaged 54.22 million. According to company’s latest data on outstanding shares, there are 5.68 billion shares outstanding.
Nearly 0.18% of Pfizer Inc’s shares belong to company insiders and institutional investors own 67.07% of the company’s shares. The stock has fallen by -11.61% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the PFE stock heading into the next quarter.
