Altria Group (MO) Shares are Down -0.61%

Altria Group (MO) : During the past 4 weeks, traders have been relatively bearish on Altria Group (MO), hence the stock is down -4.04% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.58% relative to the S&P 500. The 4-week change in the price of the stock is -3.67% and the stock has fallen -0.61% in the past 1 week.

Altria Group, Inc. is up 6.26% in the last 3-month period. Year-to-Date the stock performance stands at 15.97%. The stock has recorded a 20-day Moving Average of 1.03% and the 50-Day Moving Average is 1.65%.


Altria Group (NYSE:MO): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $66.40 and $65.93 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $66.57. The buying momentum continued till the end and the stock did not give up its gains. It closed at $66.33, notching a gain of 0.03% for the day. The total traded volume was 3,274,822 . The stock had closed at $66.31 on the previous day.

Also, In a research note released to the investors, UBS maintains its rating on Altria Group (NYSE:MO).The analysts at the brokerage house have a current rating of Neutral on the shares. In a recent information released to the investors, UBS raises the new price target from $68 per share to $69 per share. The rating by the firm was issued on July 28, 2016.

Altria Group, Inc. is a holding company. The Companys reportable segments include smokeable products, smokeless products and wine. As of December 31, 2014, Altria Group, Inc.s wholly owned subsidiaries included Philip Morris USA Inc. (PM USA), which is engaged in the manufacture and sale of cigarettes in the United States; John Middleton Co. (Middleton), which is engaged in the manufacture and sale of machine-made large cigars and pipe tobacco, and is a wholly owned subsidiary of PM USA, and UST LLC (UST), which through its wholly owned subsidiaries, including U.S. Smokeless Tobacco Company LLC (USSTC) and Ste. Michelle Wine Estates Ltd. (Ste. Michelle) is engaged in the manufacture and sale of smokeless products and wine.

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