Dow Today: Procter & Gamble (PG) Higher
The
Dow Jones Industrial Average
(
^DJI
) is trading down 40 points (-0.3%) at 12,822 as of Monday, Feb 6, 2012, 11:40 a.m. ET. During this time, 241.3 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 818.6 million. The NYSE advances/declines ratio sits at 1,072 issues advancing vs. 1,797 declining with 138 unchanged.
The Dow component leading the way higher looks to be
(NYSE:
), which is sporting a 63-cent gain (+1%) bringing the stock to $63.40. Volume for Procter & Gamble currently sits at four million shares traded vs. an average daily trading volume of 10.3 million shares.
Procter & Gamble has a market cap of $177.46 billion and is part of the
sector and
industry. Shares are down 5.9% year to date as of Friday's close. The stock's dividend yield sits at 3.3%.
The Procter & Gamble Company provides consumer packaged goods in the United States and internationally. The company has a P/E ratio of 18.6, above the average consumer non-durables industry P/E ratio of 16.4 and above the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Procter & Gamble as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, increase in stock price during the past year, expanding profit margins and reasonable valuation levels. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full Procter & Gamble Ratings Report.
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