Astrazeneca plc ADR (NASDAQ: AZN)’s stock price has plunge by 0.73relation to previous closing price of 75.80. Nevertheless, the company has seen a 1.57% surge in its stock price over the last five trading sessions. Proactive Investors reported 2024-05-03 that ANGLE PLC (AIM:AGL, OTCQX:ANPCY), a leader in liquid biopsy technology, has signed a supplier agreement with AstraZeneca PLC (LSE:AZN) to develop an androgen receptor (AR) detection assay to enhance prostate cancer studies. An extension of a prior arrangement to develop a methodology for detecting CTC micronuclei, the latest collaboration will use ANGLE’s innovative Parsortix system.
Is It Worth Investing in Astrazeneca plc ADR (NASDAQ: AZN) Right Now?
The price-to-earnings ratio for Astrazeneca plc ADR (NASDAQ: AZN) is above average at 37.63x, Company’s 36-month beta value is 0.50.Analysts have differing opinions on the stock, with 1 analysts rating it as a “buy,” 3 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for AZN is 3.10B, and currently, short sellers hold a 0.28% ratio of that floaft. The average trading volume of AZN on May 06, 2024 was 6.58M shares.
AZN’s Market Performance
AZN’s stock has seen a 1.57% increase for the week, with a 13.38% rise in the past month and a 16.32% gain in the past quarter. The volatility ratio for the week is 1.22%, and the volatility levels for the past 30 days are at 1.21% for Astrazeneca plc ADR The simple moving average for the last 20 days is 7.65% for AZN stock, with a simple moving average of 14.00% for the last 200 days.
Analysts’ Opinion of AZN
Morgan Stanley gave a rating of “Overweight” to AZN, setting the target price at $85 in the report published on January 23rd of the current year.
AZN Trading at 12.12% from the 50-Day Moving Average
After a stumble in the market that brought AZN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -0.59% of loss for the given period.
Volatility was left at 1.21%, however, over the last 30 days, the volatility rate increased by 1.22%, as shares surge +13.19% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +19.06% upper at present.
During the last 5 trading sessions, AZN rose by +1.57%, which changed the moving average for the period of 200-days by +13.03% in comparison to the 20-day moving average, which settled at $71.37. In addition, Astrazeneca plc ADR saw 13.36% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for AZN
Current profitability levels for the company are sitting at:
- 0.18 for the present operating margin
- 0.82 for the gross margin
The net margin for Astrazeneca plc ADR stands at 0.13. The total capital return value is set at 0.12. Equity return is now at value 17.29, with 6.36 for asset returns.
Based on Astrazeneca plc ADR (AZN), the company’s capital structure generated 0.42 points at debt to capital in total, while cash flow to debt ratio is standing at 0.36. The debt to equity ratio resting at 0.73. The interest coverage ratio of the stock is 5.13.
Currently, EBITDA for the company is 13.91 billion with net debt to EBITDA at 1.8. When we switch over and look at the enterprise to sales, we see a ratio of 5.66. The receivables turnover for the company is 3.38for trailing twelve months and the total asset turnover is 0.45. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.89.
Conclusion
In a nutshell, Astrazeneca plc ADR (AZN) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
