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. Year to date metric has recorded a gain of 1.33%.However, over the last six months, we can see a stronger performance of -0.48%. Over the last 30 days, the price of PM has fallen by 7.14%. And in the last five days, it has surged by 0.97%.
The market performance of Philip Morris International Inc has been somewhat unstable. Over the past year, the company’s stock achieved a high of $101.92 on 04/19/23, with the lowest value for the same timeframe being $87.23, recorded on 10/27/23.
52-week price history of PM Stock
A stock’s 52-week price history, including the low and high prices, can offer valuable insights into its current standing and future prospects. Philip Morris International Inc’s current trading price is -6.46% away from its 52-week high, while its distance from the 52-week low is 9.29%. The stock’s price range over this timeframe has been between $87.23 and $101.92. The shares of the Consumer Defensive sector company recorded a trading volume of approximately 6.1 million for the day, which was comparatively higher than the average daily volume of 4.91 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
Philip Morris International Inc (PM) has experienced a quarterly rise of 0.70% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 148.00B and boasts a workforce of 82700 employees.
How Moving Averages and Trading Volume Data Work Together
Based on Barchart.com data, the company’s moving average over the 100-day period was 92.17, with a change in price of +4.41. Similarly, Philip Morris International Inc recorded 4,918,415 in trading volume during the last 100 days, posting a change of +4.85%.
PM Stock Stochastic Average
The raw stochastic average for Philip Morris International Inc over the last 50 days is presently at 83.10%. This reflects a drop from the raw stochastic average of the previous 20 days, which was noted at 92.30%. Further, the company’s Stochastic %K and %D values for the last 20 days were 81.04% and 82.46%, respectively.
