CNO Financial Group Inc (NYSE:CNO) shares, rose in value on Friday, May 09, with the stock price up by 0.27% to the previous day’s close as strong demand from buyers drove the stock to $37.79.
Actively observing the price movement in the last trading, the stock closed the session at $37.69. The PE ratio was 13.20 over 12-month period. Referring to stock’s 52-week performance, its high was $43.20, and the low was $26.36. On the whole, CNO has fluctuated by -4.33% over the past month.
With the market capitalization of CNO Financial Group Inc currently standing at about $3.75 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 0.64, with its dividend yield at 1.69%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that CNO’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 Hold.
The stock’s technical analysis shows that the PEG ratio is about 2.16, with the price of CNO currently trading nearly -0.90% and -4.02% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 46.07, while the 7-day volatility ratio is showing 1.69% which for the 30-day chart, stands at 2.86%. Furthermore, CNO Financial Group Inc (CNO)’s beta value is 0.93, and its average true range (ATR) is 1.26.
A comparison of CNO Financial Group Inc (CNO) with its peers suggests the former has fared considerably weaker in the market. CNO showed an intraday change of 0.27% in last session, and over the past year, it grew by 36.87%%.
Data on historical trading for CNO Financial Group Inc (NYSE:CNO) indicates that the trading volumes over the past 3 months, they’ve averaged 794.22K. According to company’s latest data on outstanding shares, there are 99.89 million shares outstanding.
Nearly 2.99% of CNO Financial Group Inc’s shares belong to company insiders and institutional investors own 95.40% of the company’s shares. The stock has risen by 1.56% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the CNO stock heading into the next quarter.
