Kraft Heinz Co (NASDAQ:KHC) price closed higher on Tuesday, April 16, jumping 0.77% above its previous close.
A look at the daily price movement shows that the last close reads $36.31. The company’s P/E ratio in the trailing 12-month period read 15.81. Taking into account the 52-week price action we note that the stock hit a 52-week high of $41.47 and 52-week low of $30.68. The stock added 6.46% on its value in the past month.
Kraft Heinz Co, which has a market valuation of $44.39 billion. The company stock has a Forward Dividend ratio of 1.60, while the dividend yield is 4.37%. 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 KHC a short term outlook of 100% 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 3.73. The overview shows that KHC’s price is at present 0.39% off the SMA20 and 1.86% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 53.66, with weekly volatility standing at 1.51%. The indicator jumps to 1.37% when calculated based on the past 30 days. Kraft Heinz Co (NASDAQ:KHC)’s beta value is holding at 0.67, while the average true range (ATR) indicator is currently reading 0.53.
An analysis of the Kraft Heinz Co (NASDAQ:KHC) stock in terms of its daily trading volume indicates that the 3-month average is 8.22 million.
Current records show that the company has 1.22B in outstanding shares. The insiders’ percentage holdings are 0.38% of outstanding shares while the percentage share held by institutions stands at 79.23%. But the -1.05% 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.
