Ralph Lauren Corp (NYSE:RL) shares, rose in value on Friday, May 09, with the stock price down by -1.09% to the previous day’s close as strong demand from buyers drove the stock to $248.74.
Actively observing the price movement in the last trading, the stock closed the session at $251.47. The PE ratio was 22.67 over 12-month period. Referring to stock’s 52-week performance, its high was $289.33, and the low was $155.96. On the whole, RL has fluctuated by 19.37% over the past month.
With the market capitalization of Ralph Lauren Corp currently standing at about $15.36 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 3.30, with its dividend yield at 1.33%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that RL’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 Hold while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 1.77, with the price of RL currently trading nearly 12.52% and 11.60% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 67.71, while the 7-day volatility ratio is showing 3.01% which for the 30-day chart, stands at 3.48%. Furthermore, Ralph Lauren Corp (RL)’s beta value is 1.48, and its average true range (ATR) is 9.93.
A comparison of Ralph Lauren Corp (RL) with its peers suggests the former has fared considerably weaker in the market. RL showed an intraday change of -1.09% in last session, and over the past year, it grew by 49.20%%.
Data on historical trading for Ralph Lauren Corp (NYSE:RL) indicates that the trading volumes over the past 3 months, they’ve averaged 1.06 million. According to company’s latest data on outstanding shares, there are 39.90 million shares outstanding.
Nearly 37.60% of Ralph Lauren Corp’s shares belong to company insiders and institutional investors own 65.18% of the company’s shares. The stock has risen by 7.69% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the RL stock heading into the next quarter.
