Teva Pharmaceutical Industries (NYSE:TEVA) Sees Significantly Higher Trading Volume

13 September, 2017, 00:47 | Author: Barbara Daniel
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For investors, Forward P/E ratio allows a quick snapshot of the company's finances without getting bogged down in the details of an accounting report.

For the Current Quarter, the growth estimate for Teva Pharmaceutical Industries Limited is -18.3%, while for the Next Quarter the stock growth estimate is -14.5%. Teva Pharmaceutical Industries Limited has a 1-year low of $15.22 and a 1-year high of $52.66.

BTIG Research has upgraded shares of Teva Pharmaceutical Industries Limited American Depositary Shares (NYSE:TEVA) to a Buy in an analyst note sent to clients and investors on moments ago, and has set a 12month target price per share equal to $24. SELL rating has been given by 0 analyst (s) and 4 analyst (s) given BUY rating to the stock. The firm has "Hold" rating given on Friday, August 4 by Maxim Group. The stock had a trading volume of 50,688,017 shares. The firm's 50 day moving average is $21.00 and its 200 day moving average is $29.17.

Schultz takes up the CEO position at Teva at a challenging time, with sales slumping and thousands of jobs culled as a result of pressure on its generic drugs business, mainly due to pricing pressure, and the lingering effect of losing patent protection for multiple sclerosis blockbuster Copaxone (glatiramer acetate). The correct version of this article can be read at https://stocknewstimes.com/2017/09/12/teva-pharmaceutical-industries-limited-teva-given-a-17-00-price-target-by-cantor-fitzgerald-analysts.html. Teva Pharmaceutical Industries Ltd (ADR) (NYSE:TEVA) has declined 41.70% since September 12, 2016 and is downtrending. Days to cover increased 1.0 to 1.0 and the short interest percentage is 0.04% as of August 15. The company had revenue of $5.69 billion during the quarter, compared to analysts' expectations of $5.72 billion.

Teva Pharmaceutical Industries Limited, launched on February 13, 1944, is a pharmaceutical company. While in the same Quarter Previous year, the Actual EPS was $1.31. During the same period past year, the company earned $1.25 earnings per share. If you are accessing this piece on another site, it was stolen and reposted in violation of USA and global copyright and trademark law.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 14th. (NYSE:BR) has "Overweight" rating given on Wednesday, September 16 by Barclays Capital. The dividend payment will be $0.275 per share for the quarter or $1.10 on an annualized basis. The ex-dividend date has been established as Friday the 25th of August 2017.

The following firms have recently changed their position in TEVA.

Highlander Capital Management Llc increased Teva Pharmaceutical (TEVA) stake by 164.46% reported in 2016Q4 SEC filing. The stock declined 4.02% or $0.1 reaching $2.39 per share.

Teva Pharmaceutical Industries Limited (TEVA)'s current session activity disclosed discouraging signal for active traders. Pdt Partners Llc sold 124,457 shares as Mfa Finl Inc (MFA)'s stock rose 1.75%. Finally, Alliancebernstein L.P. raised its stake in Teva Pharmaceutical Industries Limited by 32.3% in the second quarter. The Minneapolis Portfolio Management Group Llc holds 596,624 shares with $21.63 million value, up from 513,859 last quarter. Institutional investors own 56.87% of the company's stock.

The company is so far trading up from yesterday's close of 15.5. The Company is involved in developing, producing and marketing generic medicines and a portfolio of specialty medicines. The Generic Medicines segment offers sterile products, hormones, narcotics, high-potency drugs, and cytotoxic substances in various dosage forms, including tablets, capsules, injectables, inhalants, liquids, ointments, and creams.

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