Vector Group Ltd. stock trades under the ticker VGR & has shown recent bullishness that traders & investors should take a closer look into.
VGR closed at $11.42/share on 2/14/2022.
Vector Group Ltd. VGR Stock’s Technicals Broken Down
VGR Stock Price: $11.42
10 Day Moving Average: $11.24
50 Day Moving Average: $11.39
200 Day Moving Average: $10.15
RSI: 53.3
MACD: -0.032
Yesterday, VGR stock completed a bullish MACD crossover on below average volume compared to the last year.
With ~1.3% between their 10 & 50 Day Moving Averages, they look to have additional momentum in the near-term, as their RSI is still neutral.
The next levels of resistance are $11.66, $11.72 & $11.92, as they look to head back to their 2021 price levels.
Vector Group Ltd. VGR Stock As A Long-Term Investment
Investors will find VGR stock’s P/E (ttm) appealing at 8.37, although their P/B (mrq) is not positive.
VGR stock’s Quarterly Revenue Growth Y-o-Y is 27.8%, with Quarterly Earnings Growth Y-o-Y of 28.2%.
Their balance sheet will require a closer look by prospective investors, with Total Cash (mrq) of $678.83M & Total Debt (mrq) of $1.58B.
VGR stock’s dividend is 7.07%, which while it is appealing, may not be sustainable in the long-run, as their current Payout Ratio is 72%.
64% of VGR stock’s share float is held by institutional investors.
Vector Group Ltd. VGR Stock As A Short-Term Trade Using Options
Vector Group Ltd. stock has options that traders can use to capitalize on near-term momentum, as well as to ward off volatility-risks.
I am looking at the contracts with the 3/18 expiration date
The $10 & $12.50 calls look appealing, however they are currently very illiquid.
As there is another expiration date passing this Friday I expect to see more contracts written for March in the coming weeks.
They currently have no open interest on the $17.50 & $15 puts, but those are the contracts that I would be eyeing as February’s expiration date passes & new contracts begun being written.
Tying It All Together
Overall, there looks to be many advantages to VGR stock that both investors & traders will enjoy.
Traders will like their current momentum, and will need to keep an eye out as this expiration date passes in February & new contracts are written for March.
Investors will like their low P/E (ttm), as well as their dividend yield, but may be skeptical about their balance sheet & payout ratio.
VGR stock is worth taking a closer look at, regardless of your trading style.
*** I DO NOT OWN SHARES OF VGR STOCK ***