Shares of Philip Morris International Inc (NYSE:PM) traded at a new 52-week high today of $103.63. This new high was reached on below average trading volume as 592,000 shares traded hands, while the average 30-day volume is approximately 2.9 million shares.
In the past 52 weeks, shares of Philip Morris International Inc have traded between a low of $68.93 and a high of $103.63 and is now at $103.19, which is 50% above that low price.
Philip Morris International Inc (NYSE:PM) is currently priced 10.0% above its average consensus analyst price target of $92.88.
Philip Morris International is a leading international tobacco company engaged in the manufacture and sale of cigarettes and other nicotine-containing products in markets outside the United States. Through multidisciplinary capabilities in product development, state-of-the-art facilities, and scientific substantiation, the company aims to ensure that its smoke-free products meet adult consumer preferences and rigorous regulatory requirements. Management’s vision is that these products ultimately replace cigarettes.
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