Walt Disney Co (NYSE: DIS): Retirees Don’t Worry About Volatility

Walt Disney Co (NYSE:DIS) currently has a daily average trading volume of 10.44M but it saw 6321678 shares traded in last market. With a market cap of 168.65B USD, the company’s current market price of $92.99 came falling about -0.65 while comparing to the previous closing price of $93.60. In past 52 weeks, the stock remained buoying in the range of price level as high as $123.74 and as low as $79.23. In the recent trading on the day, stock has struck highest price mark of $92.6901 while lowest mark touched by it was $93.88.

Taking a look at 20-day trading activity of Walt Disney Co (DIS) gives us an average price of $93.62, while its current price level is -24.85% below from 52-week high level whereas it is 17.37% 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 $90.81 while that of 200 days or SMA-200 reads an average of $100.76. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.31% during that period while stretching the period over a month that decreases to 1.75%. 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 50.74 which implies that the stock is in neutral territory.

Seaport Research Partners upgraded its recommendation for the stock as a “Buy” from “Neutral” on September 30, 2024 while assigning a price target of $108.

Over the week, DIS’s stock price is moving -0.68% down while it is 5.29% when we observe its performance for the past one month. Year-to-date it is 2.99% up and over the past year, the stock is showing an upside performance of 9.41%.

Currently, Walt Disney Co’s total number of outstanding shares is 1.83B. Company’s return on investment (ROI) stands at 3.41% and return on equity (ROE) at 4.82%. It has a price to earnings ratio (P/E ratio) of 35.66 while having a 17.92 of forward P/E ratio. Stock’s beta reads 1.40. Stock has a price to book (P/B) ratio of 1.68 while price to sale or P/S ratio amounts to 1.88. Its return on asset (ROA) is 2.38% on average.