Procter & Gamble Co (NYSE:PG) shares, rose in value on Wednesday, May 07, with the stock price up by 0.03% to the previous day’s close as strong demand from buyers drove the stock to $159.29.
Actively observing the price movement in the last trading, the stock closed the session at $159.25. The PE ratio was 25.30 over 12-month period. Referring to stock’s 52-week performance, its high was $180.43, and the low was $156.58. On the whole, PG has fluctuated by -0.59% over the past month.
With the market capitalization of Procter & Gamble Co currently standing at about $373.46 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 4.08, with its dividend yield at 2.56%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that PG’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 6.19, with the price of PG currently trading nearly -2.63% and -4.67% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 40.97, while the 7-day volatility ratio is showing 1.35% which for the 30-day chart, stands at 2.36%. Furthermore, Procter & Gamble Co (PG)’s beta value is 0.42, and its average true range (ATR) is 3.71.
A comparison of Procter & Gamble Co (PG) with its peers suggests the former has fared considerably weaker in the market. PG showed an intraday change of 0.03% in last session, and over the past year, it shrunk by -3.14%%.
Data on historical trading for Procter & Gamble Co (NYSE:PG) indicates that the trading volumes over the past 3 months, they’ve averaged 8.74 million. According to company’s latest data on outstanding shares, there are 2.34 billion shares outstanding.
Nearly 0.07% of Procter & Gamble Co’s shares belong to company insiders and institutional investors own 69.50% of the company’s shares. The stock has fallen by -4.99% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the PG stock heading into the next quarter.
