The Procter & Gamble Company - BidnessEtc |
The Proctor &
Gamble Company (P&G) is engaged in the production and distribution of
the consumer packaged goods and items. The products of the company are used in
more than 190 countries of the world. These products are founds mostly in
grocery stores, mass merchandisers, membership clubs, drug stores, and
e-commerce websites. The huge following and brand loyalty of the company has
led to the greater profits earned by the company in the recent times. The
investors are also enjoying stable dividends per share, which has encouraged
them to buy Proctor and Gamble stock
in large volumes.
The current P&G stock price is $80.34, which, compared to the previous day, changed by
-0.32%. The 52-week high and low stock prices of the company are $85.82 and
$73.61, respectively. Similarly, the stock volume that is being traded on
average in the stock market is 2,557,025. In addition, the stock price history
of the company’s stocks suggests that the share price has significantly
increased since the last 5 years from $47.64 to the current value. The value of
the stocks has, however, declined during the last quarter of 2014. Still, the
stable stock price suggests that the P&G stocks are regarded as profitable
by the investors, which is evidenced through their higher demand.
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