Overall market sentiment has been high on Philip Morris International Inc. (PM) stock lately. PM receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.
Philip Morris International Inc. has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on PM!
What is Stock Sentiment?
Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends.
Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.
InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.
For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.
What's Happening With PM Stock Today?
Philip Morris International Inc. (PM) stock is up 1.56% while the S&P 500 is lower by -0.1% as of 2:57 PM on Friday, Dec 2. PM is up $1.60 from the previous closing price of $102.42 on volume of 3,802,300 shares. Over the past year the S&P 500 has fallen -9.76% while PM is up 19.74%. PM earned $5.61 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 18.53.
To see InvestorsObserver's Sentiment Score for Philip Morris International Inc. click here.
More About Philip Morris International Inc.
Philip Morris International is an international tobacco company with a product portfolio primarily consisting of cigarettes and reduced-risk products, including heat-not-burn, vapor and oral nicotine products, which are sold in markets outside the United States. The company diversified away from nicotine products with the acquisition of Vectura, a provider of innovative inhaled drug delivery solutions, in 2021. The firm has six geographical segments: the European Union; Eastern Europe; Middle East and Africa; South and Southeast Asia; East Asia and Australia; and Americas.
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