Philip Morris International Inc (PM) : During the past 4 weeks, traders have been relatively bearish on Philip Morris International Inc (PM), hence the stock is down -1.43% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.96% relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.52% in the last 1 week, and is up 2.88% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock. The stock has recorded a 20-day Moving Average of 2.53% and the 50-Day Moving Average is 3.79%.
Philip Morris International Inc (NYSE:PM): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $103.41 and $103.18 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $104.20. The buying momentum continued till the end and the stock did not give up its gains. It closed at $103.63, notching a gain of 0.43% for the day. The total traded volume was 3,531,888 . The stock had closed at $103.19 on the previous day.
The company Insiders own 0.25% of Philip Morris International Inc shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -4.96% . Institutional Investors own 73.52% of Philip Morris International Inc shares. During last six month period, the net percent change held by insiders has seen a change of -8.78%. In a related news,The officer (Sr. VP & General Counsel) of Philip Morris International Inc., Firestone Marc S sold 18,000 shares at $97.06 on April 26, 2016. The Insider selling transaction had a total value worth of $1,747,080. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Philip Morris International Inc. is a holding company engaged in the manufacture and sale of cigarettes, other tobacco products and other nicotine-containing products in markets outside of the United States. The Companys products are sold in more than 180 markets, which include a range of international and local, premium, mid-price and low-price brands. Its premium price brands include Marlboro, Merit, Parliament and Virginia Slims; mid-price brands are L&M and Chesterfield, and international brands include Bond Street, Lark, Muratti, Next, Philip Morris and Red & White. Its local cigarette brands consist of Sampoerna, Dji Sam Soe and U Mild in Indonesia; Fortune, Champion and Hope in the Philippines; Diana in Italy; Optima and Apollo-Soyuz in Russia; Morven Gold in Pakistan; Boston in Colombia; Belmont, Canadian Classics and Number 7 in Canada; Best and Classic in Serbia; f6 in Germany; Delicados in Mexico; Assos in Greece, and Petra in the Czech Republic and Slovakia.