In yesterday’s Wall Street session, Philip Morris International Inc (NYSE:PM) shares traded at $128.20, up 2.36% from the previous session.
PM stock price is now 3.18% away from the 50-day moving average and 19.95% away from the 200-day moving average. The market capitalization of the company currently stands at $199.33B.
, while ‘UBS’ rates the stock as ‘Sell’
In other news, Volpetti Stefano, Pr.SmokeFree&ChiefCons.Officer sold 10,000 shares of the company’s stock on Oct 31 ’24. The stock was sold for $1,324,800 at an average price of $132.48. Upon completion of the transaction, the Pr.SmokeFree&ChiefCons.Officer now directly owns 91,780 shares in the company, valued at $11.77 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Oct 31 ’24, Officer STEFANO VOLPETTI bought 10,000 shares of the business’s stock. A total of $1,324,800 was incurred on buying the stock at an average price of $132.48. A total of 0.15% of the company’s stock is owned by insiders.
During the past 12 months, Philip Morris International Inc has had a low of $87.82 and a high of $134.15. According to the stock market information, the enterprise value for the company is $246323642368, which is based on a 20.34 price-to-earnings ratio, a 1.91 price-to-earnings-growth ratio, and a beta of 0.54. The fifty day moving average price for PM is $124.2462 and a two-hundred day moving average price translates $106.88045 for the stock.
The latest earnings results from Philip Morris International Inc (NYSE: PM) was released for 2024-09-30. The company reported revenue of $9.91 billion for the quarter, compared to $9.14 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 8.42 percent.
