The stock price of Koninklijke Philips N.V. ADR (NYSE: PHG) has plunged by -1.04 when compared to previous closing price of 31.19, but the company has seen a 1.33% gain in its stock price over the last five trading sessions. globenewswire.com reported 2024-09-17 that Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced the introduction of the 160cm FDA approved version of its unique LumiGuide endovascular navigation wire. This enhanced LumiGuide guidewire, which utilizes the company’s breakthrough Fiber Optic RealShape (FORS) technology, was used for the first time on a patient by Professor and vascular surgeon Carlos Timaran, MD, an internationally recognized expert in advanced endovascular techniques. He used the technology during a complex aortic aneurism repair operation, marking the 1000th patient treated milestone using FORS technology since first clinical use of the technology in 2020. The introduction of a longer FORS-enabled LumiGuide Navigation Wire enables US clinicians to visualize a broader range of catheters and expands usage of this technology to patients in America treated in centers equipped with LumiGuide.
Is It Worth Investing in Koninklijke Philips N.V. ADR (NYSE: PHG) Right Now?
PHG has 36-month beta value of 0.73. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 1 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The average price point forecasted by analysts for Koninklijke Philips N.V. ADR (PHG) is $30.14, which is -$0.72 below the current market price. The public float for PHG is 934.10M, and currently, short sellers hold a 0.24% ratio of that float. The average trading volume of PHG on September 18, 2024 was 778.67K shares.
PHG’s Market Performance
PHG’s stock has seen a 1.33% increase for the week, with a 5.23% rise in the past month and a 19.54% gain in the past quarter. The volatility ratio for the week is 0.98%, and the volatility levels for the past 30 days are at 0.97% for Koninklijke Philips N.V. ADR The simple moving average for the last 20 days is 2.16% for PHG stock, with a simple moving average of 28.90% for the last 200 days.
PHG Trading at 8.10% from the 50-Day Moving Average
After a stumble in the market that brought PHG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -2.02% of loss for the given period.
Volatility was left at 0.97%, however, over the last 30 days, the volatility rate increased by 0.98%, as shares surge +5.04% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +17.52% upper at present.
During the last 5 trading sessions, PHG rose by +1.31%, which changed the moving average for the period of 200-days by +51.13% in comparison to the 20-day moving average, which settled at $30.29. In addition, Koninklijke Philips N.V. ADR saw 36.82% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for PHG
Current profitability levels for the company are sitting at:
- 0.01 for the present operating margin
- 0.42 for the gross margin
The net margin for Koninklijke Philips N.V. ADR stands at -0.02. The total capital return value is set at 0.01. Equity return is now at value -4.62, with -1.88 for asset returns.
The debt to equity ratio resting at 0.7. The interest coverage ratio of the stock is 0.77.
Currently, EBITDA for the company is 1.03 billion with net debt to EBITDA at 59.26. When we switch over and look at the enterprise to sales, we see a ratio of 1.78. The receivables turnover for the company is 4.61for trailing twelve months and the total asset turnover is 0.62. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.16.
Conclusion
To put it simply, Koninklijke Philips N.V. ADR (PHG) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as 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.
