Let’s start up with the current stock price of AstraZeneca PLC (AZN), which is $64.04 to be very precise. The Stock rose vividly during the last session to $63.025 after opening rate of $62.41 while the lowest price it went was recorded $62.07 before closing at $62.83.Recently in News on June 21, 2022, PROpel Phase III Trial Positive Results of LYNPARZA® (olaparib) Plus Abiraterone in 1st-line Metastatic Castration-resistant Prostate Cancer Published in New England Journal of Medicine Evidence. Combination reduced risk of disease progression by 34% vs. standard-of-care in patients irrespective of homologous recombination repair gene mutation status. You can read further details here
AstraZeneca PLC had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $71.70 on 04/08/22, with the lowest value was $55.50 for the same time period, recorded on 01/24/22.
AstraZeneca PLC (AZN) full year performance was 7.75%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, AstraZeneca PLC shares are logging -10.68% during the 52-week period from high price, and 19.41% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $53.63 and $71.70.
The company’s shares, operating in the sector of Healthcare managed to top a trading volume set approximately around 1730355 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the AstraZeneca PLC (AZN) recorded performance in the market was 7.86%, having the revenues showcasing -1.02% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 189.41B, as it employees total of 83100 workers.
Analysts verdict on AstraZeneca PLC (AZN)
During the last month, 23 analysts gave the AstraZeneca PLC a BUY rating, 2 of the polled analysts branded the stock as an OVERWEIGHT, 4 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 63.41, with a change in the price was noted +4.52. In a similar fashion, AstraZeneca PLC posted a movement of +7.59% for the period of last 100 days, recording 7,713,757 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for AZN is recording 0.86 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.79.
AstraZeneca PLC (AZN): Technical Analysis
Raw Stochastic average of AstraZeneca PLC in the period of last 50 days is set at 43.71%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 62.57%. In the last 20 days, the company’s Stochastic %K was 47.18% and its Stochastic %D was recorded 37.47%.
Let’s take a glance in the erstwhile performances of AstraZeneca PLC, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 7.86%. Additionally, trading for the stock in the period of the last six months notably improved by 12.16%, alongside a boost of 7.75% for the period of the last 12 months. The shares increased approximately by 4.70% in the 7-day charts and went up by -2.65% in the period of the last 30 days. Common stock shares were lifted by -1.02% during last recorded quarter.