Valued at a market cap of $334 billion, The Procter & Gamble Company (PG) is a manufacturer of consumer packaged goods that serve as daily essentials for billions of people worldwide. The Cincinnati, Ohio-based company focuses on providing superior-quality, high-performance products across a streamlined portfolio of trusted, iconic brands.
This FMCG company has lagged the broader market over the past 52 weeks. Shares of PG have declined 10.7% over this time frame, while the broader S&P 500 Index ($SPX) has gained 26.6%. Moreover, on a YTD basis, the stock is up marginally, compared to SPX’s 5.2% rise.
