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PM’s Stock Market Pendulum: Swinging Between Gains and Losses

A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. The metric has seen a significant loss of -4.00% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -1.80%. Over the past 30 days, the price of PM has leaped by -1.30%. And in the last five days, it has fallen by -1.22%.

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

The history of a stock’s 52-week high and low prices can provide important information about its current state and future potential. Philip Morris International Inc’s current trading price is -11.38% away from its 52-week high, while its distance from the 52-week low is 3.54%. The stock’s price range for this period has been between $87.23 and $101.92. The Consumer Defensive sector company’s shares saw a trading volume of about 5.3 million for the day, which was lower than the average daily volume of 5.49 million over the last three months.

The Connection Between Financial Performance and Market Capitalization

Philip Morris International Inc (PM) has experienced a quarterly decline of -5.23% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 140.22B 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 92.39, with a change in price of +0.62. Similarly, Philip Morris International Inc recorded 5,221,575 in trading volume during the last 100 days, posting a change of +0.69%.

PM Stock Stochastic Average

As of today, the raw stochastic average of Philip Morris International Inc over the last 50 days is at 26.51%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 19.54%. Further, the company’s Stochastic %K and %D values for the last 20 days were 9.54% and 10.65%, respectively.