Keurig Dr Pepper Inc (NASDAQ:KDP) shares, rose in value, with the stock price up by 1.83% to the previous day’s close as strong demand from buyers drove the stock to $32.34.
Actively observing the price movement in the last trading, the stock closed the session at $31.76. The PE ratio was 20.87 over 12-month period. Referring to stock’s 52-week performance, its high was $35.99, and the low was $27.66. On the whole, KDP has fluctuated by 6.10% over the past month.
The company’s Forward Dividend Ratio is 0.84, with its dividend yield at 2.61%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that KDP’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the PEG ratio is about 2.93, with the price of KDP currently trading nearly 4.66% and 6.78% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 71.04, while the 7-day volatility ratio is showing 1.84% which for the 30-day chart, stands at 1.63%. Furthermore, Keurig Dr Pepper Inc (KDP)’s beta value is 0.64, and its average true range (ATR) is 0.53.
A comparison of Keurig Dr Pepper Inc (KDP) with its peers suggests the former has fared considerably weaker in the market. KDP showed an intraday change of 1.83% in last session, and over the past year, it shrunk by -8.54%%.
Data on historical trading for Keurig Dr Pepper Inc (NASDAQ:KDP) indicates that the trading volumes over the past 3 months, they’ve averaged 11.10 million. According to company’s latest data on outstanding shares, there are 1.39 billion shares outstanding.
Nearly 22.00% of Keurig Dr Pepper Inc’s shares belong to company insiders and institutional investors own 65.15% of the company’s shares. The stock has fallen by -2.94% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the KDP stock heading into the next quarter.
