Dow Today: Procter & Gamble (PG) Lower
The
Dow Jones Industrial Average
(
^DJI
) is trading up 147 points (+1.2%) at 12,852 as of Friday, Feb 3, 2012, 11:40 a.m. ET. During this time, 389 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 2,406 issues advancing vs. 491 declining with 102 unchanged.
Holding back the Dow today is
(NYSE:
), which is lagging the broader index with a six-cent decline to $63.26. Volume for Procter & Gamble currently sits at 5.8 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 5.1% year to date as of Thursday'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, growth in earnings per share, notable return on equity, 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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