Analysts Predict An Smith & Nephew plc ADR (NYSE: SNN) Spike?

Smith & Nephew plc ADR (NYSE:SNN) shares, rose in value, with the stock price down by -13.00% to the previous day’s close as strong demand from buyers drove the stock to $25.10.

Actively observing the price movement in the recent trading, the stock is buoying the session at $28.85, falling within a range of $25.06 and $25.625. The value of beta (5-year monthly) is 0.625 whereas the PE ratio is 36.04 over 12-month period. Referring to stock’s 52-week performance, its high was $31.72, and the low was $21.97. On the whole, SNN has fluctuated by -17.24% over the past month.

With the market capitalization of Smith & Nephew plc ADR currently standing at about $10.94 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2016-Feb-04. The company’s Forward Dividend Ratio is 0.75, with its dividend yield at 2.99%.

Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that SNN’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 50% Sell.

The stock’s technical analysis shows that the PEG ratio is about 2.68, with the price of SNN currently trading nearly -12.78% and -16.57% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 21.67, while the 7-day volatility ratio is showing 1.29% which for the 30-day chart, stands at 1.22%. Furthermore, Smith & Nephew plc ADR (SNN)’s beta value is 0.83, and its average true range (ATR) is 0.72.

A comparison of Smith & Nephew plc ADR (SNN) with its peers suggests the former has fared considerably weaker in the market. SNN showed an intraday change of -13.00% in today’s session so far, and over the past year, it grew by 12.86%%.

Data on historical trading for Smith & Nephew plc ADR (NYSE:SNN) indicates that the trading volumes over the past 10 days have averaged 0.69 and over the past 3 months, they’ve averaged 656.89K. According to company’s latest data on outstanding shares, there are 435.94 million shares outstanding.

Nearly 0.48% of Smith & Nephew plc ADR’s shares belong to company insiders and institutional investors own 7.52% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 2.64 million shares as on 2024-10-15, resulting in a short ratio of 5.03. The stock has fallen by -7.99% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the SNN stock heading into the next quarter.

Most Popular