Edwards Lifesciences Corp (NYSE:EW) shares traded 1.64% higher at $69.38 on Wall Street last session.
EW stock price is now -13.60% away from the 50-day moving average and -14.57% away from the 200-day moving average. The market capitalization of the company currently stands at $41.79B.
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, while ‘Truist’ rates the stock as ‘Hold’
In other news, Chopra Daveen, CVP, TMTT sold 1,250 shares of the company’s stock on Aug 20 ’24. The stock was sold for $87,438 at an average price of $69.95. Upon completion of the transaction, the CVP, TMTT now directly owns 29,333 shares in the company, valued at $2.04 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 20 ’24, Officer Chopra Daveen bought 1,250 shares of the business’s stock. A total of $87,438 was incurred on buying the stock at an average price of $69.95. A total of 1.92% of the company’s stock is owned by insiders.
During the past 12 months, Edwards Lifesciences Corp has had a low of $58.93 and a high of $96.12. As of last week, the company has a debt-to-equity ratio of 0.09, a current ratio of 3.71, and a quick ratio of 2.87. According to the stock market information, the enterprise value for the company is $40564912128, which is based on a 28.55 price-to-earnings ratio, a 3.06 price-to-earnings-growth ratio, and a beta of 1.13. The fifty day moving average price for EW is $79.9222 and a two-hundred day moving average price translates $81.23765 for the stock.
The latest earnings results from Edwards Lifesciences Corp (NYSE: EW) was released for 2024-06-30. The net profit margin was 24.55% and return on equity was 21.35% for EW. The company reported revenue of $1.39 billion for the quarter, compared to $1.3 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 6.98 percent.
