Procter & Gamble Co. (NYSE:PG) shares, rose in value on Thursday, April 25, with the stock price up by 0.17% to the previous day’s close as strong demand from buyers drove the stock to $162.87.
Actively observing the price movement in the recent trading, the stock is buoying the session at $162.60. The PE ratio was 26.63 over 12-month period. Referring to stock’s 52-week performance, its high was $163.14, and the low was $141.45. On the whole, PG has fluctuated by 1.45% over the past month.
The company’s Forward Dividend Ratio is 3.83, with its dividend yield at 2.35%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 84.36B, with a low estimate of 20.61B and a high estimate of 21.1B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 20.81B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that PG’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 3.31, with the price of PG currently trading nearly 2.98% and 2.25% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 67.46, while the 7-day volatility ratio is showing 1.98% which for the 30-day chart, stands at 1.31%. Furthermore, Procter & Gamble Co. (PG)’s beta value is 0.43, and its average true range (ATR) is 2.12.
A comparison of Procter & Gamble Co. (PG) with its peers suggests the former has fared considerably weaker in the market. PG showed an intraday change of 0.17% in today’s session so far, and over the past year, it grew by 4.15%%.
Data on historical trading for Procter & Gamble Co. (NYSE:PG) indicates that the trading volumes over the past 3 months, they’ve averaged 6.57 million. According to company’s latest data on outstanding shares, there are 2.36 billion shares outstanding.
Nearly 0.06% of Procter & Gamble Co.’s shares belong to company insiders and institutional investors own 67.53% of the company’s shares. The stock has risen by 11.15% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the PG stock heading into the next quarter.
