As of Wednesday close, Smith & Nephew plc’s (NYSE:SNN) stock was down -$0.69, moving down -2.23 percent to $30.25. The average number of shares traded per day over the past five days has been 1,097,300 shares. 1 time new highs have been achieved over the past 5 days, with a -$2.25 fall in that time frame. In the last twenty days, the average volume was 861,035, while in the previous 50 days, it was 1,015,692.
Since last month, SNN stock retreated -4.00%. Shares of the company fell to $29.97 on 05/24/23, the lowest level in the past month. A 52-week high of $33.08 was reached on 04/28/23 after having rallying from a 52-week low of $21.77. Since the beginning of this year, SNN’s stock price has risen by 12.50% or $3.36, and marked a new high 15 times. However, the stock has declined by -8.57% since its 52-week high.
Unlock the Hottest Top 10 Penny Stocks Today! Discover Now
Dive into the world of lucrative penny stocks with MarketClub's groundbreaking "Smart Scan" technology! Get an instant snapshot of the top 50 high volume stocks with a clear direction and outstanding liquidity - in other words, the strongest trending. To unlock this exclusive list, simply provide your first name, last name, and email for instant access.
Gain Access to Top 10 Penny Stocks Now!.
Right now, Smith & Nephew plc (SNN) has a P/E ratio of about 59.43. The stock’s beta is 0.60. Besides these, the trailing price-to-sales (P/S) ratio of 2.56, the price-to-book (PB) ratio of 2.51.
The latest dividend of $0.4620 per share was paid out, which is 60.42% more than last year’s $0.2880. On Monday February 27 2023, a $0.1740 dividend increase was announced.
In the recent quarter, Smith & Nephew plc’s quick ratio stood at 1.00, while its current ratio was 2.20, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the recent quarter was 0.52, and the total debt-to-equity ratio was 0.55. On the profitability front, the trailing twelve-month gross margin is 70.50% percent. In the recent year, EBITDA margin amounted to 25.62%, whereas operating margins totaled 8.60%. Based on annual data, SNN earned $3.67 billion in gross profit and brought in $5.21 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 5.30%. Return on equity (ROE) for the past 12 months was 4.10%.
This quick technical analysis looks at Smith & Nephew plc’s (SNN) price momentum. With a historical volatility rate of 19.98%, the RSI 9-day stood at 26.22% on 24 May.
With respect to its five-day moving average, the current Smith & Nephew plc price is down by -6.92% percent or -$2.25. At present, SNN shares trade -5.68% below its 20-day simple moving average and +11.75% percent above its 100-day simple moving average. However, the stock is currently trading approximately +2.89% above its SMA50 and +14.80% above its SMA200.
Stochastic coefficient K was 8.77% and Stochastic coefficient D was 18.69%, while ATR was 0.50. Given the Stochastic reading of 10.24% for the 14-day period, the RSI (14) reading has been calculated as 37.04%. As of today, the MACD Oscillator reading stands at -0.79, while the 14-day reading stands at -0.81.
Smith & Nephew plc (SNN) has been rated Overweight by analysts. According to 2 brokerage firms, SNN is a sell, and 6 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 2 analysts rate Smith & Nephew plc stock as buy, with 7 recommending it as overweight.
With a median target price of $34.93, the current consensus forecast for the stock is $24.08 – $40.75. Based on these forecasts, analysts predict Smith & Nephew plc (SNN) will achieve an average price target of $35.00.