Ferguson Enterprises Inc (NYSE:FERG) shares, rose in value on Friday, May 09, with the stock price up by 0.06% to the previous day’s close as strong demand from buyers drove the stock to $171.19.
Actively observing the price movement in the last trading, the stock closed the session at $171.09. The PE ratio was 21.07 over 12-month period. Referring to stock’s 52-week performance, its high was $225.62, and the low was $146.00. On the whole, FERG has fluctuated by 4.00% over the past month.
With the market capitalization of Ferguson Enterprises Inc currently standing at about $34.02 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 2.45, with its dividend yield at 1.43%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that FERG’s technical picture suggests that short-term indicators denote the stock is a Hold 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 3.63, with the price of FERG currently trading nearly 2.10% and 3.98% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 57.26, while the 7-day volatility ratio is showing 1.93% which for the 30-day chart, stands at 2.34%. Furthermore, Ferguson Enterprises Inc (FERG)’s beta value is 1.05, and its average true range (ATR) is 4.47.
A comparison of Ferguson Enterprises Inc (FERG) with its peers suggests the former has fared considerably weaker in the market. FERG showed an intraday change of 0.06% in last session, and over the past year, it shrunk by -21.82%%.
Data on historical trading for Ferguson Enterprises Inc (NYSE:FERG) indicates that the trading volumes over the past 3 months, they’ve averaged 2.07 million. According to company’s latest data on outstanding shares, there are 199.03 million shares outstanding.
Nearly 1.19% of Ferguson Enterprises Inc’s shares belong to company insiders and institutional investors own 92.00% of the company’s shares. The stock has fallen by -1.37% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the FERG stock heading into the next quarter.
