In yesterday’s Wall Street session, Altria Group Inc. (NYSE:MO) shares traded at $52.96, up 0.61% from the previous session.
MO stock price is now 4.67% away from the 50-day moving average and 18.48% away from the 200-day moving average. The market capitalization of the company currently stands at $90.36B.
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, while ‘UBS’ rates the stock as ‘Sell’
In other news, Whitaker Charles N., Sr. VP, Chief HR Off. & CCO sold 22,487 shares of the company’s stock on May 02 ’24. The stock was sold for $988,360 at an average price of $43.95. Upon completion of the transaction, the Sr. VP, Chief HR Off. & CCO now directly owns 173,485 shares in the company, valued at $9.19 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 06 ’23, Director Davis Robert Matthews bought 1,200 shares of the business’s stock. A total of $48,599 was incurred on buying the stock at an average price of $40.50. This leaves the insider owning 8,473 shares of the company worth $0.45 million. A total of 0.14% of the company’s stock is owned by insiders.
During the past 12 months, Altria Group Inc. has had a low of $39.06 and a high of $54.95. According to the stock market information, the enterprise value for the company is $113635639296, which is based on a 9.13 price-to-earnings ratio, a 2.38 price-to-earnings-growth ratio, and a beta of 0.69. The fifty day moving average price for MO is $50.7374 and a two-hundred day moving average price translates $44.75835 for the stock.
The latest earnings results from Altria Group Inc. (NYSE: MO) was released for 2024-06-30. The company reported revenue of $6.21 billion for the quarter, compared to $6.51 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -4.59 percent. For the current quarter, analysts expect MO to generate $5.35B in revenue.
