Northern Trust Corp. (NASDAQ:NTRS) price closed lower on Tuesday, April 16, dropping -4.96% below its previous close.
A look at the daily price movement shows that the last close reads $83.71. The company’s P/E ratio in the trailing 12-month period read 15.69. Taking into account the 52-week price action we note that the stock hit a 52-week high of $89.25 and 52-week low of $62.44. The stock subtracted -2.33% on its value in the past month.
Northern Trust Corp., which has a market valuation of $16.23 billion. The company stock has a Forward Dividend ratio of 3.00, while the dividend yield is 3.77%. 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 NTRS 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.
If we dive deeper into the stock’s performance we see the positive picture represented by the PEG ratio, currently standing at 1.34. The overview shows that NTRS’s price is at present -7.53% off the SMA20 and -4.03% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 32.98, with weekly volatility standing at 2.88%. The indicator jumps to 2.07% when calculated based on the past 30 days. Northern Trust Corp. (NASDAQ:NTRS)’s beta value is holding at 1.13, while the average true range (ATR) indicator is currently reading 2.02.
An analysis of the Northern Trust Corp. (NASDAQ:NTRS) stock in terms of its daily trading volume indicates that the 3-month average is 1.55 million.
Current records show that the company has 205.13M in outstanding shares. The insiders’ percentage holdings are 2.20% of outstanding shares while the percentage share held by institutions stands at 85.20%. But the -5.71% 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.
