Dow Inc [DOW] Is Currently -2.08 below its 200 Period Moving Avg: What Does This Mean?

Dow Inc [NYSE: DOW] closed the trading session at $47.95.

The stocks have a year to date performance of -12.56 percent and weekly performance of -4.31 percent. The stock has been moved at -16.38 percent over the last six months. The stock has performed -13.35 percent around the most recent 30 days and changed -8.63 percent over the most recent 3-months.

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If compared to the average trading volume of 4.20M shares, DOW reached to a volume of 14630165 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Dow Inc [DOW]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for DOW shares is $56.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on DOW stock is a recommendation set at 2.64. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

JP Morgan have made an estimate for Dow Inc shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on April 26, 2024. While these analysts kept the previous recommendation, Wolfe Research raised their target price to Peer Perform. The new note on the price target was released on March 01, 2024, representing the official price target for Dow Inc stock. Previously, the target price had yet another raise from $57 to $60, while BofA Securities kept a Buy rating on DOW stock.

The Average True Range (ATR) for Dow Inc is set at 0.97, with the Price to Sales ratio for DOW stock in the period of the last 12 months amounting to 0.77. The Price to Book ratio for the last quarter was 1.83, with the Price to Cash per share for the same quarter was set at 4.82. Price to Free Cash Flow for DOW in the course of the last twelve months was 40.11 with Quick ratio for the last quarter at 1.04.

DOW stock trade performance evaluation

Dow Inc [DOW] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -4.31. With this latest performance, DOW shares dropped by -13.35% in over the last four-week period, additionally sinking by -16.38% over the last 6 months – not to mention a drop of -2.12% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for DOW stock in for the last two-week period is set at 24.65, with the RSI for the last a single of trading hit 16.44, and the three-weeks RSI is set at 30.76 for Dow Inc [DOW]. The present Moving Average for the last 50 days of trading for this stock 52.27, while it was recorded at 49.02 for the last single week of trading, and 54.77 for the last 200 days.

Dow Inc [DOW]: An insightful look at the core fundamentals

Dow Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.04 and a Current Ratio set at 1.66.

Earnings per share (EPS) analysis for Dow Inc [DOW] stock

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for DOW. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Dow Inc go to 13.13%.

Dow Inc [DOW]: Institutional Ownership

There are presently around $70.80%, or 70.93%% of DOW stock, in the hands of institutional investors. The top three institutional holders of DOW stocks are: VANGUARD GROUP INC with ownership of 81.86 million shares, which is approximately 11.6191%. BLACKROCK INC., holding 51.06 million shares of the stock with an approximate value of $$2.71 billion in DOW stocks shares; and BLACKROCK INC., currently with $$1.83 billion in DOW stock with ownership which is approximately 4.8976%.