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 -13.06% away from its 52-week high, while its distance from the 52-week low is 1.57%. 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 7.77 million for the day, which was evidently higher than the average daily volume of 5.65 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Philip Morris International Inc (PM) has experienced a quarterly decline of -7.00% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 137.55B 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 92.31, with a change in price of -3.35. Similarly, Philip Morris International Inc recorded 5,282,711 in trading volume during the last 100 days, posting a change of -3.64%.
PM Stock Stochastic Average
As of today, Philip Morris International Inc’s raw stochastic average for the last 50 days stands at 9.63%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 9.63%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 7.62% and 11.80%, respectively.
PM Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. Until today this year the stock’s price performance recorded a decrease of -5.82%. However, over the last six months, the performance has been stronger by -3.56%. The price of PM decreased -5.69% over the last 30 days. And in the last five days, it has fallen by -1.90%.
