Biogen Inc (NASDAQ: BIIB) open the trading on Thursday, with a bit cautious approach as it glided -1.03% to $159.26, before settling in for the price of $160.92 at the close. Taking a more long-term approach, BIIB posted a 52-week range of $153.62-$268.30.
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The Healthcare Sector giants’ yearly sales growth during the last 5-year period was -4.53%. Meanwhile, its Annual Earning per share during the time was -18.05%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 11.63%. This publicly-traded company’s shares outstanding now amounts to $145.70 million, simultaneously with a float of $144.68 million. The organization now has a market capitalization sitting at $23.21 billion. At the time of writing, stock’s 50-day Moving Average stood at $175.98, while the 200-day Moving Average is $205.14.
Biogen Inc (BIIB) Ownership Facts and Figures
Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Drug Manufacturers – General industry. Biogen Inc’s current insider ownership accounts for 0.71%, in contrast to 89.29% institutional ownership. According to the most recent insider trade that took place on Sep 03 ’24, this organization’s Head of Development sold 431 shares at the rate of 204.22, making the entire transaction reach 88,019 in total value, affecting insider ownership by 5,316.
Biogen Inc (BIIB) Earnings and Revenue Records
Biogen Inc’s EPS increase for this current 12-month fiscal period is 11.63% and is forecasted to reach 16.77 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 4.43% through the next 5 years, which can be compared against the -18.05% growth it accomplished over the previous five years trading on the market.
Biogen Inc (NASDAQ: BIIB) Trading Performance Indicators
Let’s observe the current performance indicators for Biogen Inc (BIIB). It’s Quick Ratio in the last reported quarter now stands at 0.80. The Stock has managed to achieve an average true range (ATR) of 4.01. Alongside those numbers, its PE Ratio stands at $14.39, and its Beta score is -0.08. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.51. Similarly, its price to free cash flow for trailing twelve months is now 11.92.
In the same vein, BIIB’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 11.07, a figure that is expected to reach 3.42 in the next quarter, and analysts are predicting that it will be 16.77 at the market close of one year from today.
Technical Analysis of Biogen Inc (BIIB)
[Biogen Inc, BIIB] recent stats showed that its last 5-days Average volume was superior the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 51.70% While, its Average True Range was 3.85.
Raw Stochastic average of Biogen Inc (BIIB) in the period of the previous 100 days is set at 6.81%, which indicates a major fall in contrast to 44.34% 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 22.11% that was lower than 23.76% volatility it exhibited in the past 100-days period.
