Altria Group Inc’s recent filing unveils that its Sr. VP, Chief HR Off. & CCO Whitaker Charles N. unloaded Company’s shares for reported $0.99 million on May 02 ’24. In the deal valued at $43.95 per share,22,487 shares were sold. As a result of this transaction, Whitaker Charles N. now holds 173,485 shares worth roughly $8.93 million.
BofA Securities upgraded its Altria Group Inc [MO] rating to a Buy from a a Neutral in a research note published on December 06, 2024; the price target was increased to $65 from $55. A number of analysts have revised their coverage, including Citigroup’s analysts, who remained covering the stock and in early October has reiterated a ‘”a Neutral”‘ rating for it.
Price Performance Review of MO
On Tuesday, Altria Group Inc [NYSE:MO] saw its stock fall -1.21% to $51.46. Over the last five days, the stock has lost -1.19%. Altria Group Inc shares have fallen nearly -1.59% since the year began. Nevertheless, the stocks have risen 24.03% over the past one year. While a 52-week high of $58.03 was reached on 01/06/25, a 52-week low of $39.25 was recorded on 01/07/25. SMA at 50 days reached $54.39, while 200 days put it at $49.32.
Levels Of Support And Resistance For MO Stock
The 24-hour chart illustrates a support level at 51.13, which if violated will result in even more drops to 50.79. On the upside, there is a resistance level at 52.11. A further resistance level may holdings at 52.75. The Relative Strength Index (RSI) on the 14-day chart is 33.05, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.61, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 99.38%. Stochastics %K at 18.68% indicates the stock is a buying.
How much short interest is there in Altria Group Inc?
A steep rise in short interest was recorded in Altria Group Inc stocks on 2024-12-13, dropping by -1.13 million shares to a total of 28.34 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 29.46 million shares. There was a decline of -3.98%, which implies that there is a negative sentiment for the stock.
