Elanco Animal Health Inc (ELAN) last month performance of 17.25% certainly makes it a sizzling prospect

Elanco Animal Health Inc (NYSE: ELAN) started the day on Thursday, with a price increase of 0.39% at $15.29, before settling in for the price of $15.23 at the close. Taking a more long-term approach, ELAN posted a 52-week range of $8.52-$18.80.

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The Healthcare sector firm’s twelve-monthly sales growth has been 9.00% for the last half of the decade. Nevertheless, stock’s Earnings Per Share (EPS) this year is 3.06%. This publicly-traded company’s shares outstanding now amounts to $492.85 million, simultaneously with a float of $488.13 million. The organization now has a market capitalization sitting at $7.56 billion. At the time of writing, stock’s 50-day Moving Average stood at $14.09, while the 200-day Moving Average is $14.86.

Elanco Animal Health Inc (ELAN) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the Drug Manufacturers – Specialty & Generic Industry. Elanco Animal Health Inc’s current insider ownership accounts for 1.25%, in contrast to 98.31% institutional ownership. According to the most recent insider trade that took place on Aug 22 ’24, this organization’s Director bought 3,500 shares at the rate of 14.85, making the entire transaction reach 51,974 in total value, affecting insider ownership by 81,094. Preceding that transaction, on Aug 12 ’24, Company’s PRESIDENT, CEO AND DIRECTOR bought 100,000 for 13.01, making the whole transaction’s value amount to 1,300,610. This particular insider is now the holder of 145,000 in total.

Elanco Animal Health Inc (ELAN) Earnings and Revenue Records

Elanco Animal Health Inc’s EPS increase for this current 12-month fiscal period is 3.06% and is forecasted to reach 1.02 in the upcoming year.

Elanco Animal Health Inc (NYSE: ELAN) Trading Performance Indicators

Let’s observe the current performance indicators for Elanco Animal Health Inc (ELAN). It’s Quick Ratio in the last reported quarter now stands at 1.75. The Stock has managed to achieve an average true range (ATR) of 0.56. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.68. Similarly, its price to free cash flow for trailing twelve months is now 17.78.

In the same vein, ELAN’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -2.55, a figure that is expected to reach 0.13 in the next quarter, and analysts are predicting that it will be 1.02 at the market close of one year from today.

Technical Analysis of Elanco Animal Health Inc (ELAN)

If we take a close look at the recent performances of Elanco Animal Health Inc (NYSE: ELAN), its last 5-days Average volume was 3.72 million that shows plunge from its year to date volume of 4.83 million. During the previous 9 days, stock’s Stochastic %D was recorded 76.85% While, its Average True Range was 0.55.

Raw Stochastic average of Elanco Animal Health Inc (ELAN) in the period of the previous 100 days is set at 52.57%, which indicates a major fall in contrast to 88.61% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 34.78% that was lower than 60.48% volatility it exhibited in the past 100-days period.