Bristol-Myers Squibb Co. (NYSE:BMY) price is hovering higher on Monday, April 15, jumping 1.35% above its previous close.
A look at today’s price movement shows that the recent level at last check reads $48.28. The company’s P/E ratio in the trailing 12-month period read 12.68. Taking into account the 52-week price action we note that the stock hit a 52-week high of $70.93 and 52-week low of $47.58. The stock subtracted -6.78% on its value in the past month.
Bristol-Myers Squibb Co., which has a market valuation of $99.17 billion. The company stock has a Forward Dividend ratio of 2.34, while the dividend yield is 4.78%. It is understandable that investor optimism is growing ahead of the company’s current quarter results.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give BMY a short term outlook of Hold on average. Looking at the stock’s medium term indicators we note that it is averaging as a 50% Sell, while an average of long term indicators are currently assigning the stock as 100% Sell.
The overview shows that BMY’s price is at present -5.40% off the SMA20 and -4.33% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 35.50, with weekly volatility standing at 1.76%. The indicator jumps to 1.75% when calculated based on the past 30 days. Bristol-Myers Squibb Co. (NYSE:BMY)’s beta value is holding at 0.41, while the average true range (ATR) indicator is currently reading 0.97.
An analysis of the Bristol-Myers Squibb Co. (NYSE:BMY) stock in terms of its daily trading volume indicates that the 3-month average is 16.07 million.
Current records show that the company has 2.03B in outstanding shares. The insiders’ percentage holdings are 0.08% of outstanding shares while the percentage share held by institutions stands at 78.17%. But the -4.64% downside, the stock’s price has registered year-to-date as of today’s value, will likely reignite investor interest given the prospect of it rallying even higher.
