Walmart Inc. stock trades under the ticker WMT & has recently shown bullish behavior that traders & investors should take a closer look into.
WMT stock closed at $125.32/share on 6/3/2022.
Walmart Inc. WMT Stock’s Technical Performance Broken Down
WMT Stock Price: $125.32
10 Day Moving Average: $125.07
50 Day Moving Average: $144.98
200 Day Moving Average: $142.20
RSI: 34.61
MACD: -6.245
On Friday, WMT stock completed a bullish MACD crossover, while settling down for the day, but still above its 10 day moving average.
Their volume was about average for the year, and their RSI is still in oversold territory, signaling that there may be more near-term momentum.
They will need to break out above the $128 & $129.90/share resistance levels as they continue to climb higher.
Walmart Inc. WMT Stock As A Long-Term Investment
Long-term oriented investors will like WMT stock’s P/E (ttm) of 24.45, but may find their P/B (mrq) of 3.94 to be a bit rich.
They recently reported 2.4% Quarterly Revenue Growth Y-o-Y, with -24.8% Quarterly Earnings Growth Y-o-Y.
Their balance sheet will require a deeper dive, with $11.82B of Total Cash (mrq) & $68.48B of Total Debt (mrq).
WMT stock pays a 1.73% dividend yield, which appears stable in the long-term as their payout ratio is 47.84%.
32.82% of WMT stock’s outstanding share float is owned by institutional investors.
Walmart Inc. WMT Stock As A Short-Term Trade Using Options
Short-term oriented traders can use options to profit from WMT stock’s price movements in either direction, while hedging themselves against broader market volatility.
I am looking at the contracts with the 6/17 expiration date.
The $122, $123 & $124 call options look appealing, and the $125’s are also in-the-money, and have much more open interest than the 3 other strikes combined.
The $128, $127 & $126 puts also look appealing, but they are fast less liquid than the $130 in-the-money puts & the $125 out-of-the-money puts.
Tying It All Together
WMT stock has many interesting attributes that traders & investors will find appealing.
Investors will like their valuation metrics & dividend yield, although they may want to look into their balance sheet before investing.
Short-term oriented traders will like their current momentum, as well as how liquid their options are.
Overall, WMT stock is worth taking a closer look into, regardless of your portfolio strategy.
*** I DO NOT OWN SHARES OF WMT STOCK AT THE TIME OF PUBLISHING THIS ARTICLE ***