AMGEN Inc. (NASDAQ:AMGN) currently has a daily average trading volume of 2.93M but it saw 2170186 shares traded in last market. With a market cap of 141.52B USD, the company’s current market price of $264.07 came falling about -0.59 while comparing to the previous closing price of $265.64. In past 52 weeks, the stock remained buoying in the range of price level as high as $329.72 and as low as $211.71.
Taking a look at 20-day trading activity of AMGEN Inc. (AMGN) gives us an average price of $273.48, while its current price level is -19.91% below from 52-week high level whereas it is 24.73% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $278.86 while that of 200 days or SMA-200 reads an average of $271.23. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.76% during that period while stretching the period over a month that decreases to 1.71%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 35.40 which implies that the stock is in neutral territory.
Leerink Partners downgraded its recommendation for the stock as a “Market Perform” from “Outperform” on February 07, 2024 while assigning a price target range of $324-$318. Daiwa Securities issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $264 and $320.
Over the week, AMGN’s stock price is moving -0.89% down while it is -2.52% when we observe its performance for the past one month. Year-to-date it is -8.32% down and over the past year, the stock is showing an upside performance of 6.45%.
Currently, AMGEN Inc.’s total number of outstanding shares is 535.40M. Company’s return on investment (ROI) stands at 9.58% and return on equity (ROE) at 135.79%. It has a price to earnings ratio (P/E ratio) of 21.15 while having a 12.51 of forward P/E ratio. Stock’s beta reads 0.61. Stock has a price to book (P/B) ratio of 22.69 while price to sale or P/S ratio amounts to 5.05. Its return on asset (ROA) is 8.28% on average.
