In yesterday’s Wall Street session, Philip Morris International Inc (NYSE:PM) shares traded at $131.41, up 10.47% from the previous session.
PM stock price is now 8.09% away from the 50-day moving average and 26.56% away from the 200-day moving average. The market capitalization of the company currently stands at $204.32B.
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, while ‘UBS’ rates the stock as ‘Sell’
In other news, De Wilde Frederic, Pr SSEA CIS & MEA Region sold 20,000 shares of the company’s stock on Aug 22 ’24. The stock was sold for $2,386,000 at an average price of $119.30. Upon completion of the transaction, the Pr SSEA CIS & MEA Region now directly owns 138,447 shares in the company, valued at $18.19 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 22 ’24, Officer FREDERIC J DE WILDE bought 20,000 shares of the business’s stock. A total of $2,386,000 was incurred on buying the stock at an average price of $119.30. A total of 0.17% of the company’s stock is owned by insiders.
During the past 12 months, Philip Morris International Inc has had a low of $87.23 and a high of $128.22. According to the stock market information, the enterprise value for the company is $231150190592, which is based on a 23.27 price-to-earnings ratio, a 2.48 price-to-earnings-growth ratio, and a beta of 0.57. The fifty day moving average price for PM is $121.2648 and a two-hundred day moving average price translates $103.6495 for the stock.
The latest earnings results from Philip Morris International Inc (NYSE: PM) was released for 2024-06-30. The company reported revenue of $9.47 billion for the quarter, compared to $8.97 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 5.59 percent.
