#PG(Procter & Gamble Company). Forex quotes and online charts.
Procter & Gamble. About companyProcter & Gamble is one of America’s oldest companies. There has not been a person who would not use its products at least once. Read more...
Procter & Gamble. About company
Procter & Gamble is one of America’s oldest companies. There has not been a person who would not use its products at least once.
The firm was founded in 1837. P&G has been producing and selling all kinds of household goods – from various kinds of toothpaste to household appliances – for about two hundred years now.
Supermarkets in as many as 70 countries in the world sell P&G products such as:
- Dishwashing detergents and household products (e.g., the Fairy dishwashing liquid);
- Personal hygiene for kids (e.g., Pampers diapers);
- Shampoos and other hair products (e.g., Pantene and Head&Shoulders);
- Perfume and body care products (e.g., Old Spice);
- Toothpaste, mouthwash, and more;
- Makeup products (e.g., Max Factor);
- Shaving products (e.g., Venus, Gillette);
- Household appliances (e.g., Braun).
The value of this transnational company by the end of 2021 amounted to $385.5 billion.
Procter & Gamble’s shares and factors shaping their value
The company’s stock has been on the rise for at least 10 years now. Thus, the P&G share price was $67.6 in 2012 and reached an all-time high of $160.3 in 2021.
In March 2020, its shares sank slightly due to the pandemic. Many companies traded lower back then, shocked by the news. However, the situation started to improve already in the summer.
When trading Procter & Gamble’s shares, you should always pay attention to:
- The state of the consumer sector and macroeconomic data (especially on US retail sales);
- The company’s earnings reports;
- The US Fed’s monetary policy (e.g., the firm reacts positively to cutting interest rates);
- Scandals or progress related to P&G products.
P&G is a well-performing company with stable prospects. Nevertheless, it is important to pay attention to factors that may affect the share price of such a reliable corporation as P&G.