Market Insight: Baxter International Inc (BAX)’s Notable Drop, Closing at 29.97

For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.

In the latest session, Baxter International Inc (NYSE: BAX) closed at $29.97 down -0.40% from its previous closing price of $30.09. In other words, the price has decreased by -$0.40 from its previous closing price. On the day, 3.59 million shares were traded.

Ratios:

For a deeper understanding of Baxter International Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.70 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 56.75. For the most recent quarter (mrq), Quick Ratio is recorded 1.40 and its Current Ratio is at 2.02. In the meantime, Its Debt-to-Equity ratio is 1.46 whereas as Long-Term Debt/Eq ratio is at 1.36.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Sep 16 ’24 when Stevens Brian bought 976 shares for $40.01 per share.

Stevens Brian bought 16,063 shares of BAX for $639,465 on Sep 13 ’24.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 1.29 while its Price-to-Book (P/B) ratio in mrq is 2.17.

Stock Price History:

Over the past 52 weeks, BAX has reached a high of $40.49, while it has fallen to a 52-week low of $26.25. The 50-Day Moving Average of the stock is -1.98%, while the 200-Day Moving Average is calculated to be -10.06%.

Shares Statistics:

A total of 513.08M shares are outstanding, with a floating share count of 508.68M. Insiders hold about 0.88% of the company’s shares, while institutions hold 96.79% stake in the company.

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