Let’s start up with the current stock price of Johnson & Johnson (JNJ), which is $166.28 to be very precise. The Stock rose vividly during the last session to $166.43 after opening rate of $166.30 while the lowest price it went was recorded $164.08 before closing at $167.60.Recently in News on September 14, 2022, Johnson & Johnson Announces $5 Billion Share Repurchase Program. Johnson & Johnson (NYSE: JNJ) today announced that the Board of Directors has authorized the repurchase of up to $5 billion of the company’s common stock. You can read further details here
Johnson & Johnson had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $186.69 on 04/25/22, with the lowest value was $155.72 for the same time period, recorded on 02/24/22.
Johnson & Johnson (JNJ) full year performance was 0.93%
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, Johnson & Johnson shares are logging -10.93% during the 52-week period from high price, and 6.78% 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 $155.72 and $186.69.
The company’s shares, operating in the sector of Healthcare managed to top a trading volume set approximately around 7363977 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Johnson & Johnson (JNJ) recorded performance in the market was -2.80%, having the revenues showcasing -1.88% 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 430.61B, as it employees total of 141700 workers.
The Analysts eye on Johnson & Johnson (JNJ)
During the last month, 6 analysts gave the Johnson & Johnson a BUY rating, 3 of the polled analysts branded the stock as an OVERWEIGHT, 11 analysts were recommending to HOLD this stock, 1 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 173.12, with a change in the price was noted -18.40. In a similar fashion, Johnson & Johnson posted a movement of -9.96% for the period of last 100 days, recording 7,069,224 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 JNJ is recording 0.43 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.37.
Technical rundown of Johnson & Johnson (JNJ)
Raw Stochastic average of Johnson & Johnson in the period of last 50 days is set at 30.04%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 67.45%. In the last 20 days, the company’s Stochastic %K was 62.08% and its Stochastic %D was recorded 48.80%.
Considering, the past performance of Johnson & Johnson, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -2.80%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -4.90%, alongside a boost of 0.93% for the period of the last 12 months. The shares increased approximately by 0.39% in the 7-day charts and went up by -0.29% in the period of the last 30 days. Common stock shares were lifted by -1.88% during last recorded quarter.