Overall market sentiment has been neutral on Altria Group Inc (MO) stock lately. MO receives a Neutral rating from InvestorsObserver Stock Sentiment Indicator.
Altria Group Inc has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on MO!
Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score.
As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend.
Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down.
InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend.
Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.
What's Happening With MO Stock Today?
Altria Group Inc (MO) stock is trading at $43.18 as of 3:25 PM on Tuesday, Jun 28, a loss of -$0.05, or -0.12% from the previous closing price of $43.23. Volume today is light. So far 6,356,716 shares have traded compared to average volume of 14,678,046 shares. The stock has traded between $43.01 and $44.12 so far today.
More About Altria Group Inc
Altria comprises Philip Morris USA, U.S. Smokeless Tobacco, John Middleton, Helix Innovations, and Philip Morris Capital, although the company plans to wind down Philip Morris Capital by the end of 2022. It holds a 10% interest in the world's largest brewer, Anheuser-Busch InBev. Through its tobacco subsidiaries, Altria holds the leading position in cigarettes and smokeless tobacco in the United States and the number-two spot in machine-made cigars. The company's Marlboro brand is the leading cigarette brand in the U.S. with a 43% share in 2020. Altria holds strategic investments in JUUL Labs (35% economic interest) and Cronos (42%).
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