Shares of The Procter & Gamble Company (NYSE:PG) traded at a new 52-week high today of $147.23. Approximately 2.9 million shares have changed hands today, as compared to an average 30-day volume of 6.1 million shares.
The Procter & Gamble Company (NYSE:PG) is currently priced 1.2% above its average consensus analyst price target of $144.39.
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.
In the past 52 weeks, shares of The Procter & Gamble Company have traded between a low of $121.54 and a high of $147.23 and are now at $146.18, which is 20% above that low price.
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