What You Missed About Astrazeneca plc ADR (NASDAQ: AZN) Stock This Week

Astrazeneca plc ADR (NASDAQ:AZN) traded at $77.85 at close of the session on current trade day and made a downward move of -0.32% on its previous day’s price.

Looking at the stock we see that its previous close was $78.10 and the beta (5Y monthly) reads 0.166 with the day’s price range being $77.42 – $78.13. The company has a trailing 12-month PE ratio of 37.72. In terms of its 52-week price range, AZN has a high of $87.68 and a low of $60.47. The company’s stock has lost about -1.51% over that past 30 days.

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Astrazeneca plc ADR has a market cap of $241.38 billion and is expected to release its quarterly earnings report in November. With its Forward Dividend at 1.48 and a yield of 1.91%, the company’s investors could be anxious for the AZN stock to gain ahead of the earnings release.

On the other hand, looking at the outlook for the AZN stock, short term indicators assign the stock an average of Hold, while medium term indicators assign it an average of 50% Buy.

Based on estimates by 10 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 2 have rated the Astrazeneca plc ADR (AZN) stock as a Hold, while 8 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.

Looking further, we note that the PEG ratio for the AZN stock currently stands at 3.00, and the current price level is 0.05% off its SMA20 and -4.06% from its 50-day simple moving average. The RSI (14) is pointing at 44.68 while the volatility over the past week is 0.97% and jumps to 0.98% over the past one month. The beta value is 0.47, while the average true range (ATR) is currently pointing at 1.02. The average price target for the stock over the next 12 months is $85, with the estimates having a low of $79 and a high of $89. These price ends are -1.48% and -14.32% off the current price level respectively, although investors could be excited at the prospect of a -9.18% if the AZN share price touches on the median price of $85.

Coming back to Astrazeneca plc ADR (NASDAQ:AZN), we note that the average 3-month trading volume was 4.52 million, while that of the preceding 10-day period stands at 3.27 million. Current shares outstanding are 3.10 billion.

The insiders hold 0.03% of the company’s shares while institutions hold 16.28%. The data shows that short shares as of 2024-09-30, stood at 5.39 million at a short ratio of 1.14. Shares short fall in September from the previous month at 8.86 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 15.59% up in year-to-date price movement.

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