Lilly(Eli) & Co (NYSE:LLY) shares, rose in value, with the stock price down by -4.58% to the previous day’s close as strong demand from buyers drove the stock to $741.12.
Actively observing the price movement in the recent trading, the stock is buoying the session at $776.72. The PE ratio was 61.40 over 12-month period. Referring to stock’s 52-week performance, its high was $972.53, and the low was $677.09. On the whole, LLY has fluctuated by 2.05% over the past month.
With the market capitalization of Lilly(Eli) & Co currently standing at about $702.39 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 5.40, with its dividend yield at 0.73%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that LLY’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 1.48, with the price of LLY currently trading nearly -8.23% and -9.96% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 39.16, while the 7-day volatility ratio is showing 4.07% which for the 30-day chart, stands at 4.07%. Furthermore, Lilly(Eli) & Co (LLY)’s beta value is 0.49, and its average true range (ATR) is 36.14.
A comparison of Lilly(Eli) & Co (LLY) with its peers suggests the former has fared considerably weaker in the market. LLY showed an intraday change of -4.58% in today’s session so far, and over the past year, it shrunk by -3.33%%.
Data on historical trading for Lilly(Eli) & Co (NYSE:LLY) indicates that the trading volumes over the past 3 months, they’ve averaged 3.85 million. According to company’s latest data on outstanding shares, there are 948.10 million shares outstanding.
Nearly 10.34% of Lilly(Eli) & Co’s shares belong to company insiders and institutional investors own 73.17% of the company’s shares. The stock has fallen by -4.00% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the LLY stock heading into the next quarter.
