Omnicom Group, Inc. (NYSE:OMC) price closed higher on Tuesday, April 16, jumping 0.45% above its previous close.
A look at the daily price movement shows that the last close reads $90.55. The company’s P/E ratio in the trailing 12-month period read 13.14. Taking into account the 52-week price action we note that the stock hit a 52-week high of $99.23 and 52-week low of $72.20. The stock subtracted -1.41% on its value in the past month.
Omnicom Group, Inc., which has a market valuation of $18.01 billion. The company stock has a Forward Dividend ratio of 2.80, while the dividend yield is 3.08%. 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 OMC 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 0.98. The overview shows that OMC’s price is at present -2.80% off the SMA20 and -0.02% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 43.86, with weekly volatility standing at 2.05%. The indicator jumps to 1.71% when calculated based on the past 30 days. Omnicom Group, Inc. (NYSE:OMC)’s beta value is holding at 0.98, while the average true range (ATR) indicator is currently reading 1.77.
An analysis of the Omnicom Group, Inc. (NYSE:OMC) stock in terms of its daily trading volume indicates that the 3-month average is 1.62 million.
Current records show that the company has 198.00M in outstanding shares. The insiders’ percentage holdings are 1.08% of outstanding shares while the percentage share held by institutions stands at 94.74%. But the 5.14% 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.
