PNC Financial Services Group Inc (NYSE:PNC) price is hovering lower on Tuesday, April 16, dropping -1.60% below its previous close.
A look at today’s price movement shows that the recent level at last check reads $149.56. The company’s P/E ratio in the trailing 12-month period read 11.51. Taking into account the 52-week price action we note that the stock hit a 52-week high of $162.24 and 52-week low of $109.40. The stock subtracted -1.09% on its value in the past month.
PNC Financial Services Group Inc, which has a market valuation of $58.54 billion. The company stock has a Forward Dividend ratio of 7.70, while the dividend yield is 5.23%. 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 PNC a short term outlook of 50% Buy on average. Looking at the stock’s medium term indicators we note that it is averaging as a 50% Buy, while an average of long term indicators are currently assigning the stock as 50% Buy.
The overview shows that PNC’s price is at present -5.63% off the SMA20 and -2.89% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 37.18, with weekly volatility standing at 2.44%. The indicator jumps to 2.06% when calculated based on the past 30 days. PNC Financial Services Group Inc (NYSE:PNC)’s beta value is holding at 1.16, while the average true range (ATR) indicator is currently reading 3.91.
An analysis of the PNC Financial Services Group Inc (NYSE:PNC) stock in terms of its daily trading volume indicates that the 3-month average is 2.14 million.
Current records show that the company has 398.03M in outstanding shares. The insiders’ percentage holdings are 0.41% of outstanding shares while the percentage share held by institutions stands at 85.60%. But the -4.96% 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.
