Honeywell International Inc (NASDAQ:HON) price closed lower on Tuesday, April 16, dropping -1.71% below its previous close.
A look at the daily price movement shows that the last close reads $194.04. The company’s P/E ratio in the trailing 12-month period read 22.51. Taking into account the 52-week price action we note that the stock hit a 52-week high of $210.87 and 52-week low of $174.88. The stock subtracted -3.53% on its value in the past month.
Honeywell International Inc, which has a market valuation of $124.38 billion. The company stock has a Forward Dividend ratio of 4.22, while the dividend yield is 2.21%. 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 HON a short term outlook of Hold on average. Looking at the stock’s medium term indicators we note that it is averaging as a Hold, while an average of long term indicators are currently assigning the stock as 50% Sell.
If we dive deeper into the stock’s performance we see the positive picture represented by the PEG ratio, currently standing at 2.67. The overview shows that HON’s price is at present -4.19% off the SMA20 and -3.81% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 34.06, with weekly volatility standing at 1.58%. The indicator jumps to 1.50% when calculated based on the past 30 days. Honeywell International Inc (NASDAQ:HON)’s beta value is holding at 1.02, while the average true range (ATR) indicator is currently reading 3.25.
An analysis of the Honeywell International Inc (NASDAQ:HON) stock in terms of its daily trading volume indicates that the 3-month average is 3.05 million.
Current records show that the company has 652.18M in outstanding shares. The insiders’ percentage holdings are 0.10% of outstanding shares while the percentage share held by institutions stands at 77.96%. But the -9.06% downside, 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.
