PPL Corp (NYSE:PPL) shares, rose in value on Thursday, April 25, with the stock price down by -0.49% to the previous day’s close as strong demand from buyers drove the stock to $27.24.
Actively observing the price movement in the recent trading, the stock is buoying the session at $27.37. The PE ratio was 27.20 over 12-month period. Referring to stock’s 52-week performance, its high was $29.03, and the low was $22.20. On the whole, PPL has fluctuated by 2.39% over the past month.
The company’s Forward Dividend Ratio is 0.98, with its dividend yield at 3.59%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 7.93B, with a low estimate of 1.87B and a high estimate of 2.39B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 2.06B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that PPL’s technical picture suggests that short-term indicators denote the stock is a 100% 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 4.18, with the price of PPL currently trading nearly 0.61% and 1.44% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 54.62, while the 7-day volatility ratio is showing 1.74% which for the 30-day chart, stands at 1.58%. Furthermore, PPL Corp (PPL)’s beta value is 0.83, and its average true range (ATR) is 0.45.
A comparison of PPL Corp (PPL) with its peers suggests the former has fared considerably weaker in the market. PPL showed an intraday change of -0.49% in today’s session so far, and over the past year, it shrunk by -5.10%%.
Data on historical trading for PPL Corp (NYSE:PPL) indicates that the trading volumes over the past 3 months, they’ve averaged 4.92 million. According to company’s latest data on outstanding shares, there are 737.13 million shares outstanding.
Nearly 0.26% of PPL Corp’s shares belong to company insiders and institutional investors own 77.39% of the company’s shares. The stock has risen by 0.50% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the PPL stock heading into the next quarter.
