Teva- Pharmaceutical Industries Ltd. ADR (NYSE:TEVA) shares traded 0.06% higher at $16.50 on Wall Street last session.
TEVA stock price is now 5.89% away from the 50-day moving average and 35.48% away from the 200-day moving average. The market capitalization of the company currently stands at $18.69B.
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With the price target maintained at $14, JP Morgan recently Upgraded its rating from Underweight to Neutral for Teva- Pharmaceutical Industries Ltd. ADR (NYSE: TEVA). On February 12, 2024, Piper Sandler Upgraded its previous ‘Neutral’ rating to ‘Overweight’ on the stock increasing its target price from $12 to quote $19, while ‘Jefferies’ rates the stock as ‘Buy’
In other news, MIGNONE ROBERTO, Director sold 519,000 shares of the company’s stock on Jun 18 ’24. The stock was sold for $8,838,570 at an average price of $17.03. Upon completion of the transaction, the Director now directly owns 981,000 shares in the company, valued at $16.19 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 16 ’24, Chief Accounting Officer Weiss Amir sold 12,635 shares of the business’s stock. A total of $210,377 was realized by selling the stock at an average price of $16.65. This leaves the insider owning 5,179 shares of the company worth $85453.5. A total of 0.01% of the company’s stock is owned by insiders.
During the past 12 months, Teva- Pharmaceutical Industries Ltd. ADR has had a low of $7.42 and a high of $17.69. As of last week, the company has a debt-to-equity ratio of 2.74, a current ratio of 0.89, and a quick ratio of 0.61. The fifty day moving average price for TEVA is $15.6468 and a two-hundred day moving average price translates $12.21505 for the stock.
The latest earnings results from Teva- Pharmaceutical Industries Ltd. ADR (NYSE: TEVA) was released for 2024-03-31. The net profit margin was -2.88% and return on equity was -6.08% for TEVA. The company reported revenue of $3.82 billion for the quarter, compared to $3.66 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 4.32 percent.
