Shares of Procter & Gamble Company (The) (NYSE:PG) traded today at $152.58, eclipsing its 52-week high. Approximately 1.6 million shares have changed hands today, as compared to an average 30-day volume of 7 million shares.
Over the past year, Procter & Gamble Company (The) has traded in a range of $121.54 to $152.58 and is now at $151.80, 25% above that low.
Since its founding in 1837, Procter & Gamble has become one of the world’s largest consumer product manufacturers, generating more than $75 billion in annual sales. It operates with a lineup of leading brands, including 21 that generate more than $1 billion each in annual global sales, such as Tide laundry detergent, Charmin toilet paper, Pantene shampoo, and Pampers diapers. P&G sold its last remaining food brand, Pringles, to Kellogg in calendar 2012. Sales outside its home turf represent around 55% of the firm’s consolidated total, with around one third coming from emerging markets.
Based on a current price of $151.80, Procter & Gamble Company (The) is currently 0.9% above its average consensus analyst price target of $150.43.
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