Walgreens Boots Alliance Inc (NASDAQ:WBA) shares, rose in value, with the stock price down by -1.33% to the previous day’s close as strong demand from buyers drove the stock to $17.81.
Actively observing the price movement in the last trading, the stock closed the session at $18.05. Referring to stock’s 52-week performance, its high was $35.54, and the low was $17.51. On the whole, WBA has fluctuated by -13.67% over the past month.
The company’s Forward Dividend Ratio is 1.69, with its dividend yield at 9.49%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that WBA’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of WBA currently trading nearly -5.11% and -12.15% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 34.99, while the 7-day volatility ratio is showing 2.35% which for the 30-day chart, stands at 3.34%. Furthermore, Walgreens Boots Alliance Inc (WBA)’s beta value is 0.78, and its average true range (ATR) is 0.57.
A comparison of Walgreens Boots Alliance Inc (WBA) with its peers suggests the former has fared considerably weaker in the market. WBA showed an intraday change of -1.33% in last session, and over the past year, it shrunk by -49.83%%.
Data on historical trading for Walgreens Boots Alliance Inc (NASDAQ:WBA) indicates that the trading volumes over the past 3 months, they’ve averaged 12.84 million. According to company’s latest data on outstanding shares, there are 863.67 million shares outstanding.
Nearly 17.51% of Walgreens Boots Alliance Inc’s shares belong to company insiders and institutional investors own 59.33% of the company’s shares. The stock has fallen by -31.79% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the WBA stock heading into the next quarter.
