Estee Lauder Cos., Inc (NYSE:EL) shares, rose in value, with the stock price down by -0.64% to the previous day’s close as strong demand from buyers drove the stock to $68.23.
Actively observing the price movement in the recent trading, the stock is buoying the session at $68.67. Referring to stock’s 52-week performance, its high was $125.90, and the low was $48.37. On the whole, EL has fluctuated by 13.79% over the past month.
With the market capitalization of Estee Lauder Cos., Inc currently standing at about $24.55 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 1.71, with its dividend yield at 2.51%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that EL’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% Sell while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the price of EL currently trading nearly 7.08% and 11.38% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 63.17, while the 7-day volatility ratio is showing 3.25% which for the 30-day chart, stands at 2.66%. Furthermore, Estee Lauder Cos., Inc (EL)’s beta value is 1.13, and its average true range (ATR) is 2.44.
A comparison of Estee Lauder Cos., Inc (EL) with its peers suggests the former has fared considerably weaker in the market. EL showed an intraday change of -0.64% in today’s session so far, and over the past year, it shrunk by -45.87%%.
Data on historical trading for Estee Lauder Cos., Inc (NYSE:EL) indicates that the trading volumes over the past 3 months, they’ve averaged 4.06 million. According to company’s latest data on outstanding shares, there are 234.21 million shares outstanding.
Nearly 35.21% of Estee Lauder Cos., Inc’s shares belong to company insiders and institutional investors own 61.05% of the company’s shares. The stock has fallen by -9.00% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the EL stock heading into the next quarter.
