Dow Jones Industrial Average
) is trading up 31 points (+0.2%) at 12,969 as of Thursday, Feb 23, 2012, 1:35 p.m. ET. During this time, 386.1 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 1,910 issues advancing vs. 1,005 declining with 135 unchanged.
The Dow component leading the way higher looks to be
), which is sporting a $1.54 gain (+2.4%) bringing the stock to $65.98. This single gain is lifting the Dow Jones Industrial Average by 11.66 points or roughly accounting for 37.6% of the Dow's overall gain. Volume for Procter & Gamble currently sits at 8.3 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
industry. Shares are down 3.4% year to date as of Wednesday'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 18.9, 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, expanding profit margins, reasonable valuation levels and solid stock price performance. 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.