Altria Group Inc. (NYSE:MO) shares, rose in value, with the stock price up by 0.12% to the previous day’s close as strong demand from buyers drove the stock to $42.92.
Actively observing the price movement in the last trading, the stock closed the session at $42.87. The PE ratio was 9.40 over 12-month period. Referring to stock’s 52-week performance, its high was $48.04, and the low was $39.06. On the whole, MO has fluctuated by -0.79% over the past month.
The company’s Forward Dividend Ratio is 3.88, with its dividend yield at 9.04%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that MO’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 50% Buy 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 3.36, with the price of MO currently trading nearly 1.98% and 2.32% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 58.54, while the 7-day volatility ratio is showing 1.47% which for the 30-day chart, stands at 1.38%. Furthermore, Altria Group Inc. (MO)’s beta value is 0.69, and its average true range (ATR) is 0.63.
A comparison of Altria Group Inc. (MO) with its peers suggests the former has fared considerably weaker in the market. MO showed an intraday change of 0.12% in last session, and over the past year, it shrunk by -8.04%%.
Data on historical trading for Altria Group Inc. (NYSE:MO) indicates that the trading volumes over the past 3 months, they’ve averaged 12.72 million. According to company’s latest data on outstanding shares, there are 1.76 billion shares outstanding.
Nearly 0.13% of Altria Group Inc.’s shares belong to company insiders and institutional investors own 59.47% of the company’s shares. The stock has risen by 6.40% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the MO stock heading into the next quarter.
