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Is Philip Morris International Inc. (PM) Stock About to Get Hot Friday?

Friday, January 14, 2022 02:54 PM | InvestorsObserver Analysts
Is Philip Morris International Inc. (PM) Stock About to Get Hot Friday?

The market has been high on Philip Morris International Inc. (PM) stock recently. PM gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,bullish
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. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With PM Stock Today?

Philip Morris International Inc. (PM) stock is up 1.05% while the S&P 500 is down -0.36% as of 2:46 PM on Friday, Jan 14. PM has risen $1.07 from the previous closing price of $102.02 on volume of 2,417,105 shares. Over the past year the S&P 500 is higher by 21.85% while PM has risen 26.94%. PM earned $5.75 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 17.96. To see InvestorsObserver's Sentiment Score for Philip Morris International Inc. click here.

More About Philip Morris International Inc.

Philip Morris International is a leading international tobacco company engaged in the manufacture and sale of cigarettes and other nicotine-containing products in markets outside the United States. Through multidisciplinary capabilities in product development, state-of-the-art facilities, and scientific substantiation, the company aims to ensure that its smoke-free products meet adult consumer preferences and rigorous regulatory requirements. Management's vision is that these products ultimately replace cigarettes. Click Here to get the full Stock Report for Philip Morris International Inc. stock.

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