Philip Morris International Inc (NYSE:PM) shares, rose in value on Friday, April 26, with the stock price down by -0.50% to the previous day’s close as strong demand from buyers drove the stock to $95.61.
Actively observing the price movement in the recent trading, the stock is buoying the session at $96.09. The PE ratio was 18.69 over 12-month period. Referring to stock’s 52-week performance, its high was $100.79, and the low was $87.23. On the whole, PM has fluctuated by 3.66% over the past month.
The company’s Forward Dividend Ratio is 5.17, with its dividend yield at 5.41%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 36.91B, with a low estimate of 8.89B and a high estimate of 9.4B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 9.16B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that PM’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of 50% Sell 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 1.93, with the price of PM currently trading nearly 4.19% and 4.23% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 59.68, while the 7-day volatility ratio is showing 3.24% which for the 30-day chart, stands at 1.76%. Furthermore, Philip Morris International Inc (PM)’s beta value is 0.62, and its average true range (ATR) is 1.84.
A comparison of Philip Morris International Inc (PM) with its peers suggests the former has fared considerably weaker in the market. PM showed an intraday change of -0.50% in today’s session so far, and over the past year, it shrunk by -2.64%%.
Data on historical trading for Philip Morris International Inc (NYSE:PM) indicates that the trading volumes over the past 3 months, they’ve averaged 6.12 million. According to company’s latest data on outstanding shares, there are 1.55 billion shares outstanding.
Nearly 0.17% of Philip Morris International Inc’s shares belong to company insiders and institutional investors own 79.50% of the company’s shares. The stock has risen by 1.62% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the PM stock heading into the next quarter.
