In yesterday’s Wall Street session, GSK Plc ADR (NYSE:GSK) shares traded at $45.15, down -1.38% from the previous session.
GSK stock price is now 6.39% away from the 50-day moving average and 16.50% away from the 200-day moving average. The market capitalization of the company currently stands at $92.06B.
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, while ‘Morgan Stanley’ rates the stock as ‘Equal-Weight’
In other news, GSK plc, 10% Owner bought 3,300,000 shares of the company’s stock on Dec 07 ’23. The stock was bought for $16,500,000 at an average price of $5.00. Upon completion of the transaction, the 10% Owner now directly owns 13,983,761 shares in the company, valued at $631.37 million. A total of 0.01% of the company’s stock is owned by insiders.
During the past 12 months, GSK Plc ADR has had a low of $33.33 and a high of $45.92. As of last week, the company has a debt-to-equity ratio of 1.28, a current ratio of 0.87, and a quick ratio of 0.58. According to the stock market information, the enterprise value for the company is $197187698688, which is based on a 16.42 price-to-earnings ratio, a 3.42 price-to-earnings-growth ratio, and a beta of 0.68. The fifty day moving average price for GSK is $42.4728 and a two-hundred day moving average price translates $38.80765 for the stock.
The latest earnings results from GSK Plc ADR (NYSE: GSK) was released for 2024-03-31. The net profit margin was 14.62% and return on equity was 35.18% for GSK. The company reported revenue of $9.34 billion for the quarter, compared to $8.44 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 10.57 percent.
