Tyson Foods, Inc (NYSE:TSN) shares, rose in value, with the stock price up by 1.10% to the previous day’s close as strong demand from buyers drove the stock to $55.78.
Actively observing the price movement in the recent trading, the stock is buoying the session at $55.18. The PE ratio was 21.25 over 12-month period. Referring to stock’s 52-week performance, its high was $66.88, and the low was $53.61. On the whole, TSN has fluctuated by -3.24% over the past month.
With the market capitalization of Tyson Foods, Inc currently standing at about $19.48 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 1.98, with its dividend yield at 3.55%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that TSN’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Buy 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 1.18, with the price of TSN currently trading nearly -6.83% and -7.82% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 33.51, while the 7-day volatility ratio is showing 2.79% which for the 30-day chart, stands at 2.42%. Furthermore, Tyson Foods, Inc (TSN)’s beta value is 0.63, and its average true range (ATR) is 1.49.
A comparison of Tyson Foods, Inc (TSN) with its peers suggests the former has fared considerably weaker in the market. TSN showed an intraday change of 1.10% in today’s session so far, and over the past year, it shrunk by -4.64%%.
Data on historical trading for Tyson Foods, Inc (NYSE:TSN) indicates that the trading volumes over the past 3 months, they’ve averaged 2.78 million. According to company’s latest data on outstanding shares, there are 286.23 million shares outstanding.
Nearly 20.18% of Tyson Foods, Inc’s shares belong to company insiders and institutional investors own 70.87% of the company’s shares. The stock has fallen by -2.88% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the TSN stock heading into the next quarter.
