Trading Day Review: Teva- Pharmaceutical Industries Ltd. ADR (TEVA) Loses Momentum, Closing at 17.08

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The price of Teva- Pharmaceutical Industries Ltd. ADR (NYSE: TEVA) closed at $17.08 in the last session, down -1.16% from day before closing price of $17.28. In other words, the price has decreased by -$1.16 from its previous closing price. On the day, 5.73 million shares were traded. TEVA stock price reached its highest trading level at $17.4 during the session, while it also had its lowest trading level at $17.01.

Ratios:

We take a closer look at TEVA’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.47 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.31. For the most recent quarter (mrq), Quick Ratio is recorded 0.61 and its Current Ratio is at 0.89. In the meantime, Its Debt-to-Equity ratio is 2.74 whereas as Long-Term Debt/Eq ratio is at 2.32.

On March 08, 2024, JP Morgan Upgraded its rating to Neutral which previously was Underweight but kept the price unchanged to $14.

Piper Sandler Upgraded its Neutral to Overweight on February 12, 2024, whereas the target price for the stock was revised from $12 to $19.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jun 18 ’24 when MIGNONE ROBERTO sold 519,000 shares for $17.03 per share. The transaction valued at 8,838,570 led to the insider holds 981,000 shares of the business.

Weiss Amir sold 12,635 shares of TEVA for $210,377 on May 16 ’24. The Chief Accounting Officer now owns 5,179 shares after completing the transaction at $16.65 per share. On May 15 ’24, another insider, Weiss Amir, who serves as the Chief Accounting Officer of the company, sold 15,500 shares for $16.80 each. As a result, the insider received 260,417 and left with 17,814 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TEVA now has a Market Capitalization of 19345491968 and an Enterprise Value of 36784029696. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.21 while its Price-to-Book (P/B) ratio in mrq is 2.66. Its current Enterprise Value per Revenue stands at 2.298 whereas that against EBITDA is 8.244.

Stock Price History:

The Beta on a monthly basis for TEVA is 0.90, which has changed by 1.1254613 over the last 52 weeks, in comparison to a change of 0.23279357 over the same period for the S&P500. Over the past 52 weeks, TEVA has reached a high of $17.69, while it has fallen to a 52-week low of $7.95. The 50-Day Moving Average of the stock is 3.96%, while the 200-Day Moving Average is calculated to be 35.68%.

Shares Statistics:

According to the various share statistics, TEVA traded on average about 10.02M shares per day over the past 3-months and 9577840 shares per day over the past 10 days. A total of 1.13B shares are outstanding, with a floating share count of 1.13B. Insiders hold about 0.01% of the company’s shares, while institutions hold 52.75% stake in the company. Shares short for TEVA as of 1719532800 were 22312625 with a Short Ratio of 2.23, compared to 1717113600 on 18076314.

Dividends & Splits

The stock’s 5-year Average Dividend Yield is 2.95.

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