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Diageo plc ADR (DEO) Volatility At 1.09%, Should You Add A Position?

Diageo plc ADR (NYSE: DEO) is 2.11% higher on its value in year-to-date trading and has touched a low of $135.63 and a high of $190.02 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The DEO stock was last observed hovering at around $149.42 in the last trading session, with the day’s loss setting it -0.68%.

Currently trading at $148.74, the stock is 0.28% and 1.15% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.35 million and changing -0.46% at the moment leaves the stock -4.12% off its SMA200. DEO registered -15.90% loss for a year compared to 6-month gain of 0.07%. The firm has a 50-day simple moving average (SMA 50) of $4.74 and a 200-day simple moving average (SMA200) of $12.71.

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The stock witnessed a -2.90% loss in the last 1 month and extending the period to 3 months gives it a 1.87%, and is 1.70% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.09% over the week and 1.14% over the month.

Diageo plc ADR (DEO) has around 30269 employees, a market worth around $82.76B and $20.46B in sales. Current P/E ratio is 20.99 and Fwd P/E is 18.53. Profit margin for the company is 19.49%. Distance from 52-week low is 9.67% and -21.72% from its 52-week high. The company has generated returns on investments over the last 12 months (13.62%).

Diageo plc ADR quarterly earnings per share for the current quarter are estimated at $0.The EPS is expected to shrink by -7.99% this year

1,120 institutions hold shares in Diageo plc ADR (DEO), with institutional investors hold 10.04% of the company’s shares. The shares outstanding are 561.00M, and float is at 556.40M with Short Float at 0.17%. Institutions hold 10.04% of the Float.

The top institutional shareholder in the company is Bank of America Corporation with over 4.9 million shares valued at $850.02 million. The investor’s holdings represent 0.87% of the DEO Shares outstanding. As of Jun 29, 2023, the second largest holder is Morgan Stanley with 3.69 million shares valued at $640.63 million to account for 0.66% of the shares outstanding. The other top investors are FMR, LLC which holds 3.47 million shares representing 0.62% and valued at over $602.78 million, while ClearBridge Investments, LLC holds 0.42% of the shares totaling 2.37 million with a market value of $411.81 million.

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