Smith & Nephew plc ADR (SNN) Shares Rise Despite Market Challenges

Smith & Nephew plc ADR (NYSE: SNN)’s stock price has soared by 0.92 in relation to previous closing price of 29.23. Nevertheless, the company has seen a gain of 0.51% in its stock price over the last five trading days. globenewswire.com reported 2024-10-16 that Smith+Nephew (LSE: SN, NYSE: SNN), the global medical technology company, is proud to announce that its RENASYS EDGE Negative Pressure Wound Therapy (NPWT) System has won the Red Dot Award for Design Concept 2024 in the Medical Devices and Technology Category, recognizing its intuitive pairing of NPWT housed in a patient-friendly design.

Is It Worth Investing in Smith & Nephew plc ADR (NYSE: SNN) Right Now?

The price-to-earnings ratio for Smith & Nephew plc ADR (NYSE: SNN) is above average at 42.36x. The 36-month beta value for SNN is also noteworthy at 0.83. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 3 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”

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The public float for SNN is 433.90M, and at present, short sellers hold a 0.81% of that float. The average trading volume of SNN on October 25, 2024 was 631.75K shares.

SNN’s Market Performance

SNN’s stock has seen a 0.51% increase for the week, with a -3.31% drop in the past month and a 1.97% gain in the past quarter. The volatility ratio for the week is 0.87%, and the volatility levels for the past 30 days are at 1.22% for Smith & Nephew plc ADR The simple moving average for the last 20 days is 0.16% for SNN’s stock, with a simple moving average of 7.07% for the last 200 days.

SNN Trading at -2.72% from the 50-Day Moving Average

After a stumble in the market that brought SNN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -7.00% of loss for the given period.

Volatility was left at 1.22%, however, over the last 30 days, the volatility rate increased by 0.87%, as shares sank -4.22% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.17% lower at present.

During the last 5 trading sessions, SNN rose by +0.51%, which changed the moving average for the period of 200-days by +8.10% in comparison to the 20-day moving average, which settled at $29.45. In addition, Smith & Nephew plc ADR saw 8.14% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for SNN

Current profitability levels for the company are sitting at:

  • 0.14 for the present operating margin
  • 0.69 for the gross margin

The net margin for Smith & Nephew plc ADR stands at 0.05. The total capital return value is set at 0.09. Equity return is now at value 5.83, with 2.99 for asset returns.

Based on Smith & Nephew plc ADR (SNN), the company’s capital structure generated 0.4 points at debt to capital in total, while cash flow to debt ratio is standing at 0.21. The debt to equity ratio resting at 0.68. The interest coverage ratio of the stock is 4.88.

Currently, EBITDA for the company is 1.46 billion with net debt to EBITDA at 2.29. When we switch over and look at the enterprise to sales, we see a ratio of 2.84. The receivables turnover for the company is 4.02for trailing twelve months and the total asset turnover is 0.53. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.51.

Conclusion

In summary, Smith & Nephew plc ADR (SNN) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing 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.

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