Pfizer Inc. (NYSE:PFE) shares traded 1.44% higher at $28.86 on Wall Street last session.
PFE stock price is now -0.73% away from the 50-day moving average and 2.34% away from the 200-day moving average. The market capitalization of the company currently stands at $163.54B.
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On October 17, 2024, Bernstein recently initiated its ‘Mkt Perform’ rating on the stock quoting a target price of $32, while ‘Daiwa Securities’ rates the stock as ‘Outperform’
In other news, DAMICO JENNIFER B., SVP & Controller sold 5,154 shares of the company’s stock on Aug 13 ’24. The stock was sold for $147,714 at an average price of $28.66. Upon completion of the transaction, the SVP & Controller now directly owns 8,582 shares in the company, valued at $0.25 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 15 ’23, Director Gottlieb Scott bought 3,000 shares of the business’s stock. A total of $79,401 was incurred on buying the stock at an average price of $26.47. This leaves the insider owning 9,000 shares of the company worth $0.26 million. A total of 0.03% of the company’s stock is owned by insiders.
During the past 12 months, Pfizer Inc. has had a low of $25.20 and a high of $31.54. As of last week, the company has a debt-to-equity ratio of 0.79, a current ratio of 0.86, and a quick ratio of 0.60. The fifty day moving average price for PFE is $29.0726 and a two-hundred day moving average price translates $28.20115 for the stock.
The latest earnings results from Pfizer Inc. (NYSE: PFE) was released for 2024-06-30. The net profit margin was -4.66% and return on equity was -2.78% for PFE. The company reported revenue of $13.28 billion for the quarter, compared to $13.01 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 2.12 percent.
