Teva- Pharmaceutical Industries Ltd. ADR (NYSE:TEVA) shares traded 1.57% higher at $17.43 on Wall Street last session.
TEVA stock price is now 3.76% away from the 50-day moving average and 30.91% away from the 200-day moving average. The market capitalization of the company currently stands at $19.74B.
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With the price target maintained at $20, Argus recently Upgraded its rating from Hold to Buy for Teva- Pharmaceutical Industries Ltd. ADR (NYSE: TEVA). On March 08, 2024, JP Morgan Upgraded its previous ‘Underweight’ rating to ‘Neutral’ on the stock keeping its target price maintained at $14, while ‘Piper Sandler’ rates the stock as ‘Overweight’
In other news, Grant Angus, Officer bought 4,065 shares of the company’s stock on Aug 09 ’24. The stock was bought for $70,243 at an average price of $17.28. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 01 ’24, Officer Hughes Eric A bought 24,537 shares of the business’s stock. A total of $423,281 was incurred on buying the stock at an average price of $17.25. 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 $8.06 and a high of $18.02. As of last week, the company has a debt-to-equity ratio of 2.98, a current ratio of 0.89, and a quick ratio of 0.59. The fifty day moving average price for TEVA is $16.8172 and a two-hundred day moving average price translates $13.3607 for the stock.
The latest earnings results from Teva- Pharmaceutical Industries Ltd. ADR (NYSE: TEVA) was released for 2024-06-30. The net profit margin was -2.72% and return on equity was -6.61% for TEVA. The company reported revenue of $4.16 billion for the quarter, compared to $3.88 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 7.37 percent.
