Vector Group Ltd (VGR) At $15.17 Offering A Unique Opportunity

Vector Group Ltd (NYSE:VGR) currently has a daily average trading volume of 1.80M but it saw 2083531 shares traded in last market. With a market cap of 2.39B USD, the company’s current market price of $15.17 remained unchanged while comparing to the previous closing price of $15.17. In past 52 weeks, the stock remained buoying in the range of price level as high as $15.53 and as low as $9.27. In the recent trading on the day, stock has struck highest price mark of $15.14 while lowest mark touched by it was $15.195.

Taking a look at 20-day trading activity of Vector Group Ltd (VGR) gives us an average price of $13.95, while its current price level is -2.35% below from 52-week high level whereas it is 63.56% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $12.40 while that of 200 days or SMA-200 reads an average of $11.20. A closer look into the stock’s movement over the week reveals that its volatility is standing at 0.42% during that period while stretching the period over a month that increases to 2.12%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 84.09 which implies that the stock is in overbought territory.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Barclays which upgraded the stock as “Overweight” in its note to investors issued on March 31, 2022, recommending a price target of between $12 and $16 for it. Barclays upgraded its recommendation for the stock as a “Equal Weight” from “Underweight” on November 15, 2021 while assigning a price target range of $13-$17. Oppenheimer also issued its recommendations for the stock as it upgraded the price target for the stock is $18.

Over the week, VGR’s stock price is moving 0.26% up while it is 17.69% when we observe its performance for the past one month. Year-to-date it is 34.49% up and over the past year, the stock is showing an upside performance of 38.67%.

Currently, Vector Group Ltd’s total number of outstanding shares is 154.84M. Company’s return on investment (ROI) stands at 29.07%. It has a price to earnings ratio (P/E ratio) of 12.02 while having a 10.80 of forward P/E ratio. Stock’s beta reads 1.06. Stock has a price to sale or P/S ratio amounts to 1.68. Its return on asset (ROA) is 18.28% on average.