Let’s look at the key reasons that are pushing Smith & Nephew plc ADR (SNN) to new highs

Smith & Nephew plc ADR (NYSE: SNN) on Tuesday, plunged -0.57% from the previous trading day, before settling in for the closing price of $29.94. Within the past 52 weeks, SNN’s price has moved between $23.69 and $31.72.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Healthcare Sector giant saw their annual sales slid by -7.21% over the last five years. The company achieved an average annual earnings per share of 15.22%. With a float of $437.07 million, this company’s outstanding shares have now reached $437.52 million.

The firm has a total of 18456 workers. Let’s measure their productivity. In terms of profitability, gross margin is 69.64%, operating margin of 11.31%, and the pretax margin is 8.61%.

Smith & Nephew plc ADR (SNN) Breakdown of a Key Holders of the stock

Observing investor behavior towards Medical Devices industry stocks is more important than anything else. The insider ownership of Smith & Nephew plc ADR is 0.10%, while institutional ownership is 7.20%.

Smith & Nephew plc ADR (SNN) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around 15.22% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 12.37% during the next five years compared to -7.21% drop over the previous five years of trading.

Smith & Nephew plc ADR (NYSE: SNN) Trading Performance Indicators

Smith & Nephew plc ADR (SNN) is currently performing well based on its current performance indicators. A quick ratio of 1.33 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.24. Likewise, its price to free cash flow for the trailing twelve months is 21.48.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.94 and is forecasted to reach 2.20 in one year’s time.

Technical Analysis of Smith & Nephew plc ADR (SNN)

Analysing the last 5-days average volume posted by the [Smith & Nephew plc ADR, SNN], we can find that recorded value of 0.77 million was lower than the volume posted last year of 0.84 million. As of the previous 9 days, the stock’s Stochastic %D was 45.55%.

During the past 100 days, Smith & Nephew plc ADR’s (SNN) raw stochastic average was set at 85.49%, which indicates a significant increase from 57.93% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.39 in the past 14 days, which was lower than the 0.44 volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $29.05, while its 200-day Moving Average is $27.38. Now, the first resistance to watch is $29.95. This is followed by the second major resistance level at $30.12. The third major resistance level sits at $30.35. If the price goes on to break the first support level at $29.55, it is likely to go to the next support level at $29.32. Now, if the price goes above the second support level, the third support stands at $29.15.

Smith & Nephew plc ADR (NYSE: SNN) Key Stats

Market capitalization of the company is 13.02 billion based on 437,973K outstanding shares. Right now, sales total 5,810 M and income totals 412,000 K. The company made 1,249 M in profit during its latest quarter, and 160,000 K in sales during its previous quarter.

News Daemon
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.