How Are Things Looking For Altria Group Inc. (NYSE: MO) For The Short Term?

Altria Group Inc. (NYSE:MO) traded at $43.38 at close of the session on Friday, April 26, made a downward move of -0.37% on its previous day’s price.

Looking at the stock we see that its previous close was $43.54 . The company has a trailing 12-month PE ratio of 9.08. In terms of its 52-week price range, MO has a high of $48.04 and a low of $39.06. The company’s stock has lost about -0.64% over that past 30 days.

Altria Group Inc. has a market cap of $74.51 billion. With its Forward Dividend at 3.88 and a yield of 8.94%, the company’s investors could be anxious for the MO stock to gain ahead of the earnings release.

There have been no upward and no downward revisions for the stock’s EPS in last 7 days, something that reflects the nature of company’s price movement in short term. On the other hand, looking at the outlook for the MO stock, short term indicators assign the stock an average of Hold, while medium term indicators assign it an average of 50% Buy. Long term indicators on average place the stock in the category of 50% Buy.

Looking further, we note that the PEG ratio for the MO stock currently stands at 2.60, and the current price level is 3.12% off its SMA20 and 3.14% from its 50-day simple moving average. The RSI (14) is pointing at 61.41 while the volatility over the past week is 1.65% and jumps to 1.49% over the past one month. The beta value is 0.69, while the average true range (ATR) is currently pointing at 0.66.

Coming back to Altria Group Inc. (NYSE:MO), we note that the average 3-month trading volume was 12.87 million. Current shares outstanding are 1.76 billion.

The insiders hold 0.13% of the company’s shares while institutions hold 59.47%. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 7.54% up in year-to-date price movement.

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