Here is the latest forecast and market data for Scotts Miracle-Gro Co($SMG)

Market Data

In this article we will be analyzing Scotts Miracle-Gro Co. We will be looking over the current market data to assess wether or not it is a good investment. To get started, the stock opened this morning at $178.66 and has moved $2.87 from yesterday’s closing price of $178.53. The high for today is $182.6847 and the low is $177.7. A great indicator of where a stock is trending is by looking at it’s 52-week high/low. This is a technical indicator used by some traders and investors who view these figures as an important factor in the analysis of a stock’s current value and as a predictor of its future price movement. The 52-week high for Scotts Miracle-Gro Co is $254.34 and the low is $138.28036. The volume (the number of shares traded in a stock or contracts traded in futures or options.) is 434441. Now that we know where Scotts Miracle-Gro Co stands in price and volume, let’s learn more about the future of the company.

Forecast & Beta

As an investor, you can get an idea of where the stock is trending by the forecast and beta. Beta is calculated using regression analysis. A beta of 1 indicates that the security’s price tends to move with the market. A beta greater than 1 indicates that the security’s price tends to be more volatile than the market. A beta of less than 1 means it tends to be less volatile than the market. Scotts Miracle-Gro Co has a beta of 1.146. Knowing all of this, we project that Scotts Miracle-Gro Co will have a price of $265.2 in 12-months compared to it’s current price of $181.4 ($-404.19 difference). We can also take a look at the comapany’s marketcap. Marketcap is important because it allows investors to understand the relative size of one company versus another. Market cap measures what a company is worth on the open market, as well as the market’s perception of its prospects, because it reflects what investors are willing to pay for its stock. Scotts Miracle-Gro Co has a marketcap of $10032670000.

Subscribe to our newsletter!

Leave a Reply

%d bloggers like this: