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Altria Group Inc.’s Banking’s 100-Day Moving Average at 41.49: Will the Stock Break Through?

The market performance of Altria Group Inc. has been somewhat unstable. Over the past year, the company’s stock achieved a high of $48.04 on 05/01/23, with the lowest value for the same timeframe being $39.06, recorded on 10/26/23.

52-week price history of MO Stock

A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Altria Group Inc.’s current trading price is -12.39% away from its 52-week high, while its distance from the 52-week low is 7.74%. The stock’s price range during this period has fluctuated between $39.06 and $48.04. Shares of the company, which operates in the Consumer Defensive sector, recorded a trading volume of around 22.31 million for the day, which was evidently higher than the average daily volume of 12.28 million over the last three months.

Financial Performance and Market Capitalization

Altria Group Inc. (MO) has experienced a quarterly rise of 4.36% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 72.30B and boasts a workforce of 6400 employees.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 41.49, with a change in price of +0.62. Similarly, Altria Group Inc. recorded 11,350,660 in trading volume during the last 100 days, posting a change of +1.50%.

MO Stock Stochastic Average

Altria Group Inc.’s raw stochastic average for the past 50 days is currently at 49.39%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 43.70%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 23.00% and 12.90%, respectively.

MO Stock Price Performance Analysis

Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. Year to date metric has recorded a gain of 4.34%.However, over the last six months, we can see a stronger performance of -2.39%. Over the last 30 days, the price of MO has leaped by -6.03%. And in the last five days, it has surged by 2.53%.