Time for Investors to Take the Plunge on The Procter & Gamble Company (NYSE:PG)

Equity Research firms currently have a positive stance on shares of The Procter & Gamble Company (NYSE:PG). The majority of analysts covering the equity have either a Buy or Strong Buy recommendation on the stock, yielding a consensus score of 1.90. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $4.39 on a short term basis.

At the time of writing, the stock was trading at $88.25. This represents a change from the opening price of -0.01%. In terms of performance, year to date, the stock is 14.43%. The monthly stock performance comes in at 0.40%. For the quarter, shares are performing at 4.58%. Weekly performance analysis shows the equity at 0.92%.

In taking a look at technical levels, shares are trading 1.13% away from the 50 day simple moving average and 7.28% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -2.18% away from it’s 52- week high and 25.89% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, The Procter & Gamble Company’s RSI stands at 51.50. In looking at volatility levels, the shares saw weekly volatility of 1.61% and 1.47% over the past month.

Leave a Comment