Philip Morris International Inc. stock trades under the ticker PM & has shown recent bullishness that traders & investors should research further into.
PM stock closed at $95.93/share on 7/22/2022.
Philip Morris International Inc. PM Stock’s Technical Performance Broken Down
PM Stock Price: $95.93
10 Day Moving Average: $91.78
50 Day Moving Average: $99.31
200 Day Moving Average: $95.89
RSI: 51.46
MACD: -2.059
On Friday, PM stock completed a bullish MACD crossover, breaking out & settling above its 200 day moving average.
With a neutral RSI & recent trading volumes being about average for the last year, there may be more room to continue climbing in the near-term.
They will need to break above the $98.40 resistance level in order to continue climbing.
Philip Morris International Inc. PM Stock As A Long-Term Investment
Long-term oriented investors will like PM stock’s 16.2 P/E (ttm), but may want to look into why they do not have a positive P/B (mrq).
They recently reported 3.1% Quarterly Revenue Growth Y-o-Y, with 2.8% Quarterly Earnings Growth Y-o-Y.
Their balance sheet will require a closer examination, with $5.04B of Total Cash (mrq) & $28.1B of Total Debt (mrq).
PM stock pays a 5.34% dividend, which may not be sustainable in the long-run, as their payout ratio is 85.6%.
76.3% of PM stock’s outstanding share float is owned by institutional investors.
Philip Morris International Inc. PM Stock As A Short-Term Trade Using Options
Short-term focused traders can use options to hedge against volatility, while also profiting from price movements for PM stock in any direction.
I am looking at the contracts with the 8/19 expiration date.
The $95, $92.50 & $94 call options are all in-the-money, listed from most to least open interest.
The $97.50, $99 & $97 puts are also in-the-money, in order of most to least liquid strike price.
Tying It All Together
PM stock has many interesting characteristics that traders & investors will find appealing.
Investors will like their recent positive growth & their dividend, but may want to look deeper into their balance sheet before investing.
Traders will like their weekly options expirations, as well as their recent momentum.
All-in-all, PM stock is worth taking a closer look into to see how it fits into your portfolio strategy.
*** I DO NOT OWN SHARES OF PM STOCK AT THE TIME OF PUBLISHING THIS ARTICLE ***