Altria Group, Inc. (MO) is an interesting player in the Consumer Goods space, with a focus on Cigarettes. The stock has been active on the tape, currently trading at $57.71, up from yesterday’s close by 1.80%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.Fundamental Analysis
Altria Group, Inc. (MO) currently trades with a market capitalization of $109.59 Billion. That value represents a market adjusting for revenues that have been growing by 0.41 % on a quarterly year/year basis as of the company’s last quarterly report.
You can get a sense of how sustainable that is by a levered free cash flow of $4.87 Billion over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters.
It’s important to check the technicals to get a sense of how MO has been acting. Looking at the stock’s movement on the chart, Altria Group, Inc. recorded a 52-week high of $77.79. It is now trading 20.08% off that level. The stock is trading $57.96 its 50-day moving average by 0.25%. The stock carved out a 52-week low down at $53.91.
In recent action, Altria Group, Inc. (MO) has made a move of +2.98% over the past month, which has come on Strong relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 14.04, and it’s gotten there by action that has been less volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 1.11% with $1.89 Billion sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of MO.