Altria Group Inc. (NYSE:MO) price closed lower on Tuesday, April 16, dropping -0.49% below its previous close.
A look at the daily price movement shows that the last close reads $40.95. The company’s P/E ratio in the trailing 12-month period read 8.93. Taking into account the 52-week price action we note that the stock hit a 52-week high of $48.04 and 52-week low of $39.06. The stock subtracted -7.11% on its value in the past month.
Altria Group Inc., which has a market valuation of $71.86 billion. The company stock has a Forward Dividend ratio of 3.88, while the dividend yield is 9.52%. 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 MO 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 Hold, while an average of long term indicators are currently assigning the stock as 100% Sell.
If we dive deeper into the stock’s performance we see the positive picture represented by the PEG ratio, currently standing at 3.19. The overview shows that MO’s price is at present -4.81% off the SMA20 and -2.49% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 35.94, with weekly volatility standing at 1.33%. The indicator jumps to 1.42% when calculated based on the past 30 days. Altria Group Inc. (NYSE:MO)’s beta value is holding at 0.70, while the average true range (ATR) indicator is currently reading 0.64.
An analysis of the Altria Group Inc. (NYSE:MO) stock in terms of its daily trading volume indicates that the 3-month average is 12.09 million.
Current records show that the company has 1.76B in outstanding shares. The insiders’ percentage holdings are 0.14% of outstanding shares while the percentage share held by institutions stands at 57.95%. But the 1.02% 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.
