Philip Morris's most recent trend suggests a bearish bias. One trading opportunity on Philip Morris is a Bear Call Spread using a strike $77.50 short call and a strike $82.50 long call offers a potential 41.64% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $77.50 by expiration. The full premium credit of $1.47 would be kept by the premium seller. The risk of $3.53 would be incurred if the stock rose above the $82.50 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Philip Morris is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Philip Morris is bearish.
The RSI indicator is at 20.42 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Philip Morris
Why Philip Morris Stock Fell 11% Last Month
Fri, 07 Jun 2019 16:18:00 +0000
Shares of the tobacco giant dipped on negative sales data alongside its peers.
U.S. FDA warns flavored e-cigarette makers over social media posts
Fri, 07 Jun 2019 15:58:32 +0000
Philip Morris International Inc. Declares Regular Quarterly Dividend of $1.14 Per Share
Fri, 07 Jun 2019 07:53:00 +0000
The Board of Directors of Philip Morris International Inc. (PM) today declared a regular quarterly dividend of $1.14 per common share, payable on July 10, 2019, to shareholders of record as of June 21, 2019. Philip Morris International (PMI) is leading a transformation in the tobacco industry to create a smoke-free future and ultimately replace cigarettes with smoke-free products to the benefit of adults who would otherwise continue to smoke, society, the company and its shareholders. PMI is a leading international tobacco company engaged in the manufacture and sale of cigarettes, smoke-free products and associated electronic devices and accessories, and other nicotine-containing products in markets outside the U.S. PMI is building a future on a new category of smoke-free products that, while not risk-free, are a much better choice than continuing to smoke.
Philip Morris International: New Report Exposes Continued Impact of Illicit Tobacco Trade in the European Union
Thu, 06 Jun 2019 08:00:00 +0000
To achieve a world without cigarettes, PMI supports ongoing efforts to secure a world without illicit trade
E-Cig Maker Juul Eyes Its Own Retail Store Chain
Wed, 05 Jun 2019 21:33:00 +0000
Concerns over teen e-cig usage drives industry leader to assert greater control over access.
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