Teva- Pharmaceutical Industries Ltd. ADR (NYSE:TEVA) finished Thursday with an addition of $0.21 to close at $10.22, an upside of 2.10 percent. An average of 7,477,500 shares of common stock have been traded in the last five days. There was a fall of -$0.12 in the past week, and it reached a new high 17 times over the past 12 months. The last 20 days have seen an average of 8,691,490 shares traded, while the 50-day average volume stands at 9,021,298.
TEVA stock has increased by 4.82% in the last month. The company shares reached their 1-month lowest point of $9.26 on 09/07/23. With the stock rallying to its 52-week high on 01/12/23, shares of the company touched a low of $7.09 and a high of $11.44 in 52 weeks. It has reached a new high 5 times so far this year and achieved 12.06% or $1.10 in price. In spite of this, the price is down -10.70% from the 52-week high.
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Insider Transactions
TEVA stock investors should be aware that Teva- Pharmaceutical Industries Ltd. ADR (TEVA) stock had its last reported insider trading activity 53 days ago on Aug 07. In this transaction, the insider spent $341,889. Chief Accounting Officer, Weiss Amir, disposed of 1,981 shares at a price of $9.92 on Aug 04. The insider now owns more than $19,658 worth of shares. Prior to that, See “Remarks” Hughes Eric A went on to Sale 52,742 shares at $8.30 each on Aug 01. An amount of $437,690 was transacted.
Valuation Metrics
Teva- Pharmaceutical Industries Ltd. ADR (TEVA) stock’s beta is 1.14. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.76, the price-to-book (PB) ratio at 1.62, and the price-to-cash flow ratio at 4.74.
Financial Health
The quick ratio of Teva- Pharmaceutical Industries Ltd. ADR for the three months ended June 29 was 0.67, and the current ratio was 1.02, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 2.70 and a total debt to equity ratio of 2.98 for the quarter ending June 29. Teva- Pharmaceutical Industries Ltd. ADR’s EBITDA margin for the year ending June 29 is 26.73%, while its operating margin for the same period stands at 17.09%. Its gross profit as reported stood at $6.97 billion compared to revenue of $14.93 billion.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Teva- Pharmaceutical Industries Ltd. ADR’s return on assets was -5.02%.
Earnings Surprise
For the three-month period that ended June 29, Teva- Pharmaceutical Industries Ltd. ADR had $18.7 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of -$863.0 million in the quarter, while revenues were grew 73.12%. The analyst consensus anticipated Teva- Pharmaceutical Industries Ltd. ADR’s latest quarter earnings to come in at $0.52 per share, but it turned out to be $0.56, a 7.70% surprise. For the quarter, EBITDA amounted to -$346.0 million. Shareholders own equity worth $1.12 billion.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Teva- Pharmaceutical Industries Ltd. ADR (TEVA) price momentum. RSI 9-day as of the close on 28 September was 52.44%, suggesting the stock is Neutral, with historical volatility in this time frame at 39.51%.
As of today, TEVA’s price is $10.21 -1.16% or -$0.12 from its 5-day moving average. TEVA is currently trading +5.47% higher than its 20-day SMA and +16.53% higher than its 100-day SMA. However, the stock’s current price level is +19.39% above the SMA50 and +21.09% above the SMA200.
The stochastic %K and %D were 53.95% and 61.14%, respectively, and the average true range (ATR) was 0.27. With the 14-day stochastic at 49.49% and the average true range at 0.27, the RSI (14) stands at 55.39%. The stock has reached -0.17 on the 9-day MACD Oscillator while the 14-day reading was at -0.17.
Analyst Ratings
UBS upgraded Teva- Pharmaceutical Industries Ltd. ADR (NYSE: TEVA) to a a Neutral rating in its most recent analyst report. Previously, the stock was rated as a Sell.
