Should You Buy Philip Morris International Inc. (PM) Stock on Friday?

The market has been high on Philip Morris International Inc. (PM) stock recently. PM gets a Bullish score 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!

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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 trading at $99.96 as of 3:30 PM on Friday, Jul 30, a decline of -$0.33, or -0.33% from the previous closing price of $100.29. Volume today is low. So far 1,660,791 shares have traded compared to average volume of 4,854,301 shares. The stock has traded between $99.52 and $100.45 so far today.

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.