Metlife Inc (NYSE:MET) price closed lower on Tuesday, April 16, dropping -0.73% below its previous close.
A look at the daily price movement shows that the last close reads $69.44. The company’s P/E ratio in the trailing 12-month period read 37.68. Taking into account the 52-week price action we note that the stock hit a 52-week high of $74.68 and 52-week low of $48.95. The stock subtracted -4.78% on its value in the past month.
Metlife Inc, which has a market valuation of $49.84 billion. The company stock has a Forward Dividend ratio of 2.08, while the dividend yield is 3.02%. 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 MET 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 100% Buy.
If we dive deeper into the stock’s performance we see the positive picture represented by the PEG ratio, currently standing at 3.28. The overview shows that MET’s price is at present -5.23% off the SMA20 and -2.45% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 31.29, with weekly volatility standing at 2.10%. The indicator jumps to 1.56% when calculated based on the past 30 days. Metlife Inc (NYSE:MET)’s beta value is holding at 1.04, while the average true range (ATR) indicator is currently reading 1.26.
An analysis of the Metlife Inc (NYSE:MET) stock in terms of its daily trading volume indicates that the 3-month average is 3.56 million.
Current records show that the company has 730.82M in outstanding shares. The insiders’ percentage holdings are 16.45% of outstanding shares while the percentage share held by institutions stands at 75.24%. But the 4.23% 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.
