Diageo plc ADR (NYSE: DEO) Jumps 0.24%: The Most Likely Path Going Forward

Diageo plc ADR (NYSE:DEO) shares, rose in value, with the stock price up by 0.24% to the previous day’s close as strong demand from buyers drove the stock to $138.64.

Actively observing the price movement in the last trading, the stock closed the session at $138.31. The PE ratio was 19.56 over 12-month period. Referring to stock’s 52-week performance, its high was $189.54, and the low was $135.63. On the whole, DEO has fluctuated by -7.21% over the past month.

The company’s Forward Dividend Ratio is 4.01, with its dividend yield at 2.89%.

Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that DEO’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 50% 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 4.45, with the price of DEO currently trading nearly -2.62% and -5.30% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 38.36, while the 7-day volatility ratio is showing 0.90% which for the 30-day chart, stands at 1.17%. Furthermore, Diageo plc ADR (DEO)’s beta value is 0.67, and its average true range (ATR) is 2.04.

A comparison of Diageo plc ADR (DEO) with its peers suggests the former has fared considerably weaker in the market. DEO showed an intraday change of 0.24% in last session, and over the past year, it shrunk by -25.96%%.

Data on historical trading for Diageo plc ADR (NYSE:DEO) indicates that the trading volumes over the past 3 months, they’ve averaged 778.76K. According to company’s latest data on outstanding shares, there are 561.00 million shares outstanding.

Nearly 0.00% of Diageo plc ADR’s shares belong to company insiders and institutional investors own 10.02% of the company’s shares. The stock has fallen by -4.82% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the DEO stock heading into the next quarter.

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