In a filing, Altria Group Inc revealed 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 $10.2 million.
Deutsche Bank downgraded its Altria Group Inc [MO] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who began to cover the stock in mid January with a ‘”an Equal-weight”‘ rating. BofA Securities also remained covering MO and has increased its forecast on December 06, 2024 with a “Buy” recommendation from previously “Neutral” rating. Citigroup maintained its rating on October 08, 2024. It rated MO as “a Neutral”.
Price Performance Review of MO
On Tuesday, Altria Group Inc [NYSE:MO] saw its stock fall -2.05% to $58.79. Over the last five days, the stock has gained 3.67%. Altria Group Inc shares have risen nearly 12.43% since the year began. Nevertheless, the stocks have risen 34.78% over the past one year. While a 52-week high of $60.18 was reached on 03/31/25, a 52-week low of $40.65 was recorded on 01/30/25. SMA at 50 days reached $55.34, while 200 days put it at $52.40.
Levels Of Support And Resistance For MO Stock
The 24-hour chart illustrates a support level at 58.16, which if violated will result in even more drops to 57.53. On the upside, there is a resistance level at 59.76. A further resistance level may holdings at 60.72. The Relative Strength Index (RSI) on the 14-day chart is 58.34, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.72, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 35.19%. Stochastics %K at 74.30% indicates the stock is a holding.
How much short interest is there in Altria Group Inc?
A steep rise in short interest was recorded in Altria Group Inc stocks on 2025-03-14, growing by 7.85 million shares to a total of 41.93 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 34.08 million shares. There was a rise of 18.73%, which implies that there is a positive sentiment for the stock.
