Haleon plc ADR (HLN) Shares Down Despite Recent Market Volatility

The stock price of Haleon plc ADR (NYSE: HLN) has plunged by -0.24 when compared to previous closing price of 8.32, but the company has seen a -1.78% decline in its stock price over the last five trading sessions. Seeking Alpha reported 2024-05-02 that Haleon plc (NYSE:HLN ) Q1 2024 Earnings Conference Call May 1, 2024 4:00 AM ET Company Participants Sonya Ghobrial – Head, Investor Relations Tobias Hestler – Chief Financial Officer Conference Call Participants Rashad Kawan – Morgan Stanley Guillaume Delmas – UBS David Hayes – Jefferies Iain Simpson – Barclays Bruno Monteyne – Bernstein Victoria Petrova – Bank of America Celine Pannuti – JPMorgan Tom Sykes – Deutsche Bank Mikheil Omanadze – BNP Paribas Exane Chris Pitcher – Redburn Operator Ladies and gentlemen, welcome to the Haleon Q1 2024 Trading Update Conference Call. I am Davin, the chorus call operator.

Is It Worth Investing in Haleon plc ADR (NYSE: HLN) Right Now?

Haleon plc ADR (NYSE: HLN) has a higher price-to-earnings ratio of 29.55x compared to its average ratio, The 36-month beta value for HLN is at 0.28. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”

The public float for HLN is 4.57B, and currently, shorts hold a 0.52% of that float. The average trading volume for HLN on May 06, 2024 was 5.87M shares.

HLN’s Market Performance

HLN stock saw an increase of -1.78% in the past week, with a monthly gain of 0.85% and a quarterly increase of -0.12%. The volatility ratio for the week is 1.52%, and the volatility levels for the last 30 days are 1.33% for Haleon plc ADR (HLN). The simple moving average for the past 20 days is 0.36% for HLN’s stock, with a -0.12% simple moving average for the past 200 days.

Analysts’ Opinion of HLN

Morgan Stanley gave a rating of “Overweight” to HLN, setting the target price at $9 in the report published on November 01st of the previous year.

HLN Trading at -0.39% from the 50-Day Moving Average

After a stumble in the market that brought HLN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -7.57% of loss for the given period.

Volatility was left at 1.33%, however, over the last 30 days, the volatility rate increased by 1.52%, as shares surge +0.12% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.48% lower at present.

During the last 5 trading sessions, HLN fell by -1.78%, which changed the moving average for the period of 200-days by -4.27% in comparison to the 20-day moving average, which settled at $8.27. In addition, Haleon plc ADR saw 0.85% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for HLN

Current profitability levels for the company are sitting at:

  • 0.18 for the present operating margin
  • 0.6 for the gross margin

The net margin for Haleon plc ADR stands at 0.1.

Currently, EBITDA for the company is 2.81 billion with net debt to EBITDA at 0.5. When we switch over and look at the enterprise to sales, we see a ratio of 2.78. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.04.

Conclusion

In conclusion, Haleon plc ADR (HLN) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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