Walmart Inc. stock trades under the ticker WMT & has shown recent bullishness that traders & investors should research further into.
WMT stock closed at $146.78 on 1/6/2023.
Walmart Inc. WMT Stock’s Technical Performance Broken Down
WMT Stock Price: $146.78
10 Day Moving Average: $143.37
50 Day Moving Average: $145.42
200 Day Moving Average: $136.98
RSI: 56.14
MACD: -0.59
On Friday, WMT stock completed a bullish MACD crossover, gapping up 2.45% on the day.
Their RSI is slightly above neutral & recent trading volumes have been below average compared to the year prior, signaling that there is near-term uncertainty in the market about how to value the name.
WMT stock has support at the $145.57 & $145.42/share price levels, as they attempt to break out above the $154.06 & $158.89/share resistance levels.
Walmart Inc. WMT Stock As A Long-Term Investment
Long-term oriented investors may find WMT stock’s valuation metrics to be a bit rich, with a 45.16 P/E (ttm) & a 5.48 P/B (mrq).
They recently reported 8.7% Quarterly Revenue Growth Y-o-Y.
WMT stock’s balance sheet will also require a more thorough review before investing, with $11.59B of Total Cash (mrq) & $68.01B of Total Debt (mrq).
WMT stock pays a 1.56% dividend, which may not be sustainable in the long-term, as their payout ratio is 68.62%.
32.9% of WMT stock’s outstanding share float is owned by institutional investors.
Walmart Inc. WMT Stock As A Short-Term Trade Using Options
Traders who are focused on the short-term can trade options to profit from movements in WMT stock, while hedging their portfolio against volatility.
I am looking at the contracts with the 1/20 expiration date.
The $145, $143 & $144 calls are all in-the-money, listed from highest to lowest level of open interest.
The $150, $147 & $148 puts are also all in-the-money, with the former being more liquid than the latter two strike prices.
Tying It All Together
WMT stock has many interesting characteristics that traders & investors will find appealing.
Investors will like their dividend yield & recent growth, but may want to dig deeper into the makeup of their balance sheet before investing.
Traders will like their recent technical performance & how liquid their options are.
All-in-all, it is worth taking a closer look at WMT stock to see how it fits into your portfolio strategy.
*** I DO NOT OWN SHARES NOR OPTIONS POSITIONS OF WMT STOCK AT THE TIME OF PUBLISHING THIS ARTICLE ***