Dow Inc (NYSE:DOW) price closed lower on Tuesday, April 16, dropping -0.80% below its previous close.
A look at the daily price movement shows that the last close reads $57.32. The company’s P/E ratio in the trailing 12-month period read 69.86. Taking into account the 52-week price action we note that the stock hit a 52-week high of $60.69 and 52-week low of $47.26. The stock subtracted -0.32% on its value in the past month.
Dow Inc, which has a market valuation of $39.99 billion. The company stock has a Forward Dividend ratio of 2.80, while the dividend yield is 4.92%. 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 DOW 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 100% Buy, while an average of long term indicators are currently assigning the stock as 100% Buy.
If we dive deeper into the stock’s performance we see the positive picture represented by the PEG ratio, currently standing at 2.37. The overview shows that DOW’s price is at present -2.52% off the SMA20 and 0.28% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 41.95, with weekly volatility standing at 1.83%. The indicator jumps to 1.67% when calculated based on the past 30 days. Dow Inc (NYSE:DOW)’s beta value is holding at 1.29, while the average true range (ATR) indicator is currently reading 1.03.
An analysis of the Dow Inc (NYSE:DOW) stock in terms of its daily trading volume indicates that the 3-month average is 5.13 million.
Current records show that the company has 702.29M in outstanding shares. The insiders’ percentage holdings are 0.20% of outstanding shares while the percentage share held by institutions stands at 67.36%. But the 3.68% upside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
