Stocks of Philip Morris International Inc (NYSE:PM) traded higher last session on Wall Street, up 0.61% to $130.48.
PM stock price is now 3.49% away from the 50-day moving average and 19.16% away from the 200-day moving average. The market capitalization of the company currently stands at $202.87B.
Top 5 Artificial Intelligence Stocks to Buy for 2024
By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it.
According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."
Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"
Sponsored
, while ‘UBS’ rates the stock as ‘Sell’
In other news, Volpetti Stefano, Pr.SmokeFree&ChiefCons.Officer sold 10,000 shares of the company’s stock on Oct 31 ’24. The stock was sold for $1,324,800 at an average price of $132.48. Upon completion of the transaction, the Pr.SmokeFree&ChiefCons.Officer now directly owns 91,780 shares in the company, valued at $11.98 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Oct 31 ’24, Officer STEFANO VOLPETTI bought 10,000 shares of the business’s stock. A total of $1,324,800 was incurred on buying the stock at an average price of $132.48. A total of 0.16% of the company’s stock is owned by insiders.
During the past 12 months, Philip Morris International Inc has had a low of $87.82 and a high of $134.15. According to the stock market information, the enterprise value for the company is $249868664832, which is based on a 20.70 price-to-earnings ratio, a 1.94 price-to-earnings-growth ratio, and a beta of 0.55. The fifty day moving average price for PM is $125.9002 and a two-hundred day moving average price translates $109.29965 for the stock.
The latest earnings results from Philip Morris International Inc (NYSE: PM) was released for 2024-09-30. The company reported revenue of $9.91 billion for the quarter, compared to $9.14 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 8.42 percent.
