Procter & Gamble (PG) Sees Sales Growth, Stock Price Stabilizes
February 5, 2025
Procter & Gamble (PG) has reported a notable increase in sales, outpacing its peers in the household products sector. The company’s sales growth has been driven by strong demand for its brands, with the return of Pepto-Bismol to the UK market being a significant factor.
Stock Performance
As of 10:43 AM Central Europe on Wednesday, February 5, 2025, Procter & Gamble’s stock price has stabilized at $168.13, with a minor decline of -0.37% in the last 24 hours. The company’s market capitalization stands at $392.6 billion, with approximately $739 million worth of shares traded on exchanges in the last 24 hours.
Recent Developments
Procter & Gamble’s sales growth has been driven by strong demand for its brands, with the return of Pepto-Bismol to the UK market being a significant factor. The company’s sales have increased by 5.4% over the four-week period, according to the latest Nielsen report. This growth is a positive sign for the company, and it is likely to have a positive impact on its stock price.
Comparison with Peers
In comparison with its peers, Procter & Gamble has outperformed the household products sector. The company’s sales growth has been driven by strong demand for its brands, while its peers have struggled to keep up.
Market Capitalization and Trading Volume
Procter & Gamble’s market capitalization stands at $392.6 billion, with approximately $739 million worth of shares traded on exchanges in the last 24 hours. The company’s current supply of stocks is 2.3 billion.
52-Week High and Low
The highest price of Procter & Gamble’s stock in the past 52 weeks was recorded at $180.43 on November 27, 2024. The 52-week low was at $153.52 on April 19, 2024.
Simple Moving Average
The simple moving average of Procter & Gamble’s stock price over the last 200 days is at $168.14.
Related Stocks
Other stocks in the household products sector have also seen significant movements in the last 24 hours. Netflix (NFLX) traded up 1.63% and now trades at $994.87, while Chevron (CVX) traded up 2.6% and now trades at $153.22. Johnson & Johnson (JNJ) traded up 1.07% and now trades at $153.49, while Coca-cola (KO) traded down -1.07% and now trades at $62.67. Costco Wholesale (COST) traded up 1.59% and now trades at $1,021.86.