RTX Corp (NYSE:RTX) shares, rose in value, with the stock price down by -0.36% to the previous day’s close as strong demand from buyers drove the stock to $101.02.
Actively observing the price movement in the last trading, the stock closed the session at $101.38. The PE ratio was 39.63 over 12-month period. Referring to stock’s 52-week performance, its high was $103.89, and the low was $68.56. On the whole, RTX has fluctuated by 5.64% over the past month.
The company’s Forward Dividend Ratio is 2.36, with its dividend yield at 2.34%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that RTX’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 3.51, with the price of RTX currently trading nearly 1.10% and 6.52% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 67.15, while the 7-day volatility ratio is showing 1.87% which for the 30-day chart, stands at 1.54%. Furthermore, RTX Corp (RTX)’s beta value is 0.92, and its average true range (ATR) is 1.70.
A comparison of RTX Corp (RTX) with its peers suggests the former has fared considerably weaker in the market. RTX showed an intraday change of -0.36% in last session, and over the past year, it shrunk by -1.41%%.
Data on historical trading for RTX Corp (NYSE:RTX) indicates that the trading volumes over the past 3 months, they’ve averaged 8.19 million. According to company’s latest data on outstanding shares, there are 1.33 billion shares outstanding.
Nearly 0.11% of RTX Corp’s shares belong to company insiders and institutional investors own 87.64% of the company’s shares. The stock has risen by 20.06% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the RTX stock heading into the next quarter.
