Anheuser-Busch InBev ADR stock trades under the ticker BUD & has shown recent bullishness that traders & investors should research further into.
BUD stock closed at $59.10/share on 2/21/2023.
Anheuser-Busch InBev ADR BUD Stock’s Technical Performance Broken Down
BUD Stock Price: $59.10
10 Day Moving Average: $58.66
50 Day Moving Average: $59.76
200 Day Moving Average: $54.25
RSI: 49.63
MACD: -0.193
Yesterday, BUD stock completed a bullish MACD crossover, gaining +0.48% on the day’s session.
Their recent trading volumes have been below average compared to the year prior & their RSI is neutral, as their price has spent the past few months consolidating.
Recent technical indicators signal that there may be near-term losses on the horizon for BUD, which can provide better entry points for traders & investors.
BUD stock has support at the $58.66 (10 day moving average), $58.37 & $57.79/share price levels, as they try to break out & above their $59.76 (50 day moving average), $61.89 & $61.96/share resistance levels.
Anheuser-Busch InBev ADR BUD Stock As A Long-Term Investment
Long-term oriented investors will like BUD stock’s 23.74 P/E (ttm) & 1.63 P/B (mrq).
They recently reported 5.7% Quarterly Revenue Growth Y-o-Y & 473.2% Quarterly Earnings Growth Y-o-Y.
Their balance sheet will require a more thorough examination, with $7.36B of Total Cash (mrq) & $83.53B of Total Debt (mrq).
BUD stock offers a modest 0.97% dividend, which appears sustainable in the long-run, as their payout ratio is 21.9%.
6.28% of BUD stock’s outstanding share float is owned by institutional investors.
Anheuser-Busch InBev ADR BUD Stock As A Short-Term Trade Using Options
Traders with shorter time horizons can trade options to profit from BUD stock’s price movements, while protecting their portfolio from volatility.
I am looking at the contracts with the 3/17 expiration date.
The $55 & $59 call options are both in-the-money, with the former being more liquid than the latter strike.
The $60 puts are also in-the-money.
With weekly expirations, there will likely be more contracts written for this date as other contracts expire.
Tying It All Together
BUD stock has many interesting characteristics that traders & investors will find appealing.
Investors will like their valuation metrics & dividend, but may want to look closer into their balance sheet before investing.
Traders will like their recent technical performance, as well as their weekly option expirations.
Overall, it is worth taking a closer look into BUD stock to see how it fits into your portfolio strategy.
*** I DO NOT OWN SHARES OF BUD STOCK OR OPTIONS AT THE TIME OF PUBLISHING THIS ARTICLE ***