Colgate-Palmolive Co. (NYSE:CL) price closed on Tuesday, April 16, remained unchanged from its previous close.
A look at the daily price movement shows that the last close reads $86.17. The company’s P/E ratio in the trailing 12-month period read 31.04. Taking into account the 52-week price action we note that the stock hit a 52-week high of $90.37 and 52-week low of $67.62. The stock subtracted -2.58% on its value in the past month.
Colgate-Palmolive Co., which has a market valuation of $70.93 billion. The company stock has a Forward Dividend ratio of 1.92, while the dividend yield is 2.23%. 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 CL 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 3.70. The overview shows that CL’s price is at present -2.21% off the SMA20 and -0.69% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 39.72, with weekly volatility standing at 0.98%. The indicator jumps to 0.98% when calculated based on the past 30 days. Colgate-Palmolive Co. (NYSE:CL)’s beta value is holding at 0.41, while the average true range (ATR) indicator is currently reading 0.95.
An analysis of the Colgate-Palmolive Co. (NYSE:CL) stock in terms of its daily trading volume indicates that the 3-month average is 4.58 million.
Current records show that the company has 823.15M in outstanding shares. The insiders’ percentage holdings are 0.12% of outstanding shares while the percentage share held by institutions stands at 85.07%. But the 8.10% 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.
