Altria Group Inc’s recently made public 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 $9.98 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 jump 0.68% to $57.52. Over the last five days, the stock has gained 3.53%. Altria Group Inc shares have risen nearly 10.00% since the year began. Nevertheless, the stocks have risen 40.12% 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 $56.25, while 200 days put it at $52.95.
Levels Of Support And Resistance For MO Stock
The 24-hour chart illustrates a support level at 57.16, which if violated will result in even more drops to 56.80. On the upside, there is a resistance level at 57.89. A further resistance level may holdings at 58.26. The Relative Strength Index (RSI) on the 14-day chart is 53.34, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.16, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 36.14%. Stochastics %K at 58.15% 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 2025-03-31, growing by 0.77 million shares to a total of 38.66 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 37.89 million shares. There was a rise of 1.99%, which implies that there is a positive sentiment for the stock.
