• Return to Headlines

Look for Shares of Altria Group Inc to Potentially Rebound after Yesterday's 2.06% Sell Off

By Shiri Gupta

Altria Group Inc (NYSE:MO) traded in a range yesterday that spanned from a low of $64.62 to a high of $65.90. Yesterday, the shares fell 2.1%, which took the trading range below the 3-day low of $65.13 on volume of 3.2 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

SmarTrend is tracking the current trend status for Altria Group Inc and will alert subscribers who have MO in their portfolio or watchlist when shares have changed trend direction.

Altria Group Inc share prices have moved between a 52-week high of $77.79 and a 52-week low of $60.01 and are now trading 8% above that low price at $64.73 per share. The 200-day and 50-day moving averages have moved 0.34% higher and 0.25% higher over the past week, respectively.

Keywords: rebounders altria group inc

Ticker(s): MO