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Philip Morris International Inc’s Shares Reel: 3.68% Quarterly Revenue Decline Amid 146.97B Market Cap

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The market performance of Philip Morris International Inc’s stock has been turbulent in recent times. Over the last year, the company’s stock reached its highest point at $101.92 on 04/19/23, while the lowest value for the same duration was $87.23 on 10/27/23.

52-week price history of PM Stock

Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Philip Morris International Inc’s current trading price is -7.11% away from its 52-week high, while its distance from the 52-week low is 8.53%. The stock’s price range during the 52-week period has remained between $87.23 and $101.92. In the Consumer Defensive sector, the company’s shares saw a trading volume of around 4.66 million for the day, which was evidently lower than the average daily volume of 5.06 million over the past three months.

Market Capitalization and Financial Performance: An In-Depth Look

Philip Morris International Inc (PM) has experienced a quarterly rise of 3.68% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 146.97B and boasts a workforce of 82700 employees.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 92.06, with a change in price of +1.28. Similarly, Philip Morris International Inc recorded 4,776,375 in trading volume during the last 100 days, posting a change of +1.37%.

PM Stock Stochastic Average

Philip Morris International Inc’s raw stochastic average for the past 50 days is presently 74.78%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 90.32%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 94.65% and 91.15%, respectively.

PM Stock Price Performance Analysis

Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. This year’s metric has recorded a Price increase of 0.63%. However, over the past six months, we’ve seen a weaker performance of 0.15%. The price of PM fallen by 6.23% over the last 30 days. And in the last five days, it has surged by 4.53%.