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Bausch + Lomb Corp (NYSE: BLCO) closed the day trading at $15.89 down -2.52% from the previous closing price of $16.30. In other words, the price has decreased by -$2.52 from its previous closing price. On the day, 1.44 million shares were traded.
Ratios:
For a better understanding of BLCO, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.01 and its Current Ratio is at 1.60. In the meantime, Its Debt-to-Equity ratio is 0.76 whereas as Long-Term Debt/Eq ratio is at 0.75.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Citigroup on December 11, 2024, Downgraded its rating to Neutral and sets its target price to $22 from $24 previously.
On December 02, 2024, Morgan Stanley Downgraded its rating to Equal-Weight which previously was Overweight but kept the price unchanged to $19.
Evercore ISI Upgraded its In-line to Outperform on October 15, 2024, whereas the target price for the stock was revised from $19 to $25.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 05 ’24 when SAUNDERS BRENT L bought 32,250 shares for $15.66 per share. The transaction valued at 505,067 led to the insider holds 595,169 shares of the business.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 1.17 while its Price-to-Book (P/B) ratio in mrq is 0.86.
Stock Price History:
Over the past 52 weeks, BLCO has reached a high of $21.69, while it has fallen to a 52-week low of $13.16. The 50-Day Moving Average of the stock is -9.76%, while the 200-Day Moving Average is calculated to be -8.02%.
Shares Statistics:
A total of 350.91M shares are outstanding, with a floating share count of 36.30M. Insiders hold about 89.69% of the company’s shares, while institutions hold 9.28% stake in the company.
