MO trading volume has added 3545519 shares compared to readings over the past three months as it recently exchanged 12145519 shares. This means there is improved activity from short-term traders as per session, its average trading volume is 8600000 shares, and this is 1.41 times the normal volume. A look at its technical analysis shows that its 14-day Relative Strength Index (RSI) is in a neutral zone after reaching 34.43 point.
Altria Group, Inc. (NYSE:MO) dipped by -10.51% over the past three months which led to its overall six-month decrease to stand at -4.04%. The equity price sank -1% this week, a trend that has led to both investors and traders taking note of the stock. A look at its monthly performance shows that its shares have recorded a -15.83% fall over the past 30 days. Over the past 12 months the stock has embarked on a drop that has seen it decline -22.49% and is now down by -23.82% since start of this year.
The shares of Altria Group, Inc. dropped by -26.86% or -$19.98 from its last recorded high of $74.38 which it attained on December 19 to close at $54.4 per share. Over the past 52 weeks, the shares of Altria Group, Inc. has been trading as low as $52.9 before witnessing a massive surge by 2.84% or $1.5. This price movement has led to the MO stock receiving more attention and has become one to watch out for. It dipped by 0% on Thursday and this got the market worried. The stock’s beta now stands at 0.43 and when compared to its 200-day moving average and its 50-day moving average, MO price stands -8.67% below and -9.93% below respectively. Its average daily volatility for this week is 3.02% which is more than the 2.67% recorded over the past month.
Experts from research firms are bullish about the near-term performance of Altria Group, Inc. (MO) with most of them predicting a $65.82 price target on a short-term (12 months) basis. The average price target by the analysts will see a 20.99% rise in the stock and would lead to MO’s market cap to surge to $126.37B. The stock has been rated an average 2.2, which roughly stands towards the bearish end of the spectrum. Reuters looked into the 17 analysts that track Altria Group, Inc. (NYSE:MO) and find out that 7 of them rated it as a Hold. 10 of the 10 analysts rated it as a Buy or a Strong Buy while 0 advised investors to desist from buying the stock or sell it if they already possess it.
The price of Crown Castle International Corp. (REIT) (NYSE:CCI) currently stands at $117.47 after it went up by $2.47 or 2.15% and has found a strong support at $114.6 a share. If the CCI price drops below that critical support, then it would lead to a bearish trend. In the short-term, a dip below the $111.73 mark would also be bad for the stock as it means that the stock would plunge by 4.89% from its current position. However, if the stock price is able to trade above the resistance point around $118.97, then it could likely surge higher to try and break the upward resistance which stands at $120.47 a share. Its average daily volatility over the past one month stands at 1.88%. The stock has plunged by 3.61% from its 52-weeks high of $113.23 which it reached on Dec. 06, 2018. In general, it is 15.85% above its 52-weeks lowest point which stands at $98.85 and this setback was observed on Apr. 30, 2018.
Analysts have predicted a price target for Crown Castle International Corp. (REIT) (CCI) for 1 year and it stands at an average $114.94/share. This means that it would likely increase by -2.15% from its current position. The current price of the stock has been moving between $113.23 and $117.53. Some brokerage firms have a lower target for the stock than the average, with one of them setting a price target as low as $80. On the other hand, one analyst is super bullish about the price, setting a target as high as $123.
The CCI stock Stochastic Oscillator (%D) is at 91.89%, which means that it is currently overbought and its prices could dip very soon. The shares P/S ratio stands at 9.3 which compares to the 8.19 recorded by the industry or the 10.24 by the wider sector. The stock currently has an estimated price-earnings (P/E) multiple of 72.33, which is lower than the 105.45 multiple of 12-month price-earnings (P/E). The company’s earnings have gone up, with a quarterly increase rate of 10.5% over the past five years.
Analysts view Crown Castle International Corp. (REIT) (NYSE:CCI) as a Hold, with 2.2 consensus rating. Reuters surveyed 19 analysts that follow CCI and found that 7 of those analysts rated the stock as a Hold. The remaining 12 were divided, with 12 analyst rating it as a Buy or a Strong Buy while 0 analysts advised investors to desist from buying Crown Castle International Corp. (REIT) (CCI) shares or sell it if they already own it.