BioNTech SE ADR (BNTX): The Latest Casualty Of Increased Volatility?

BioNTech SE ADR (NASDAQ:BNTX) does about 587.61K shares in volume on a normal day but saw 661436 shares change hands in Friday trading. The company now has a market cap of 22.04B USD. Its current market price is $92.72, marking an increase of 0.52% compared to the previous close of $92.24. The 52 week high reached by this stock is $125.83 whilst the lowest price level in 52 weeks is $85.21.

BioNTech SE ADR (BNTX) has a 20-day trading average at $88.26 and the current price is -26.31% off the 52-week high compared with 8.81% distance from its 52-week low. The 50-day simple moving average of the closing price is $90.57 and its 200-day simple moving average is $100.45. If we look at the stock’s price movements over the week, volatility stands at 2.78%, which decreases to 2.35% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 62.29 to suggest the stock is neutral.

The consensus objective for the share price is $115.76, suggesting that the stock has a potential upside of 19.9% over the period.

The company shares received a number of brokerage firm price updates over the past month, with the latest being on February 23, 2024 when BMO Capital Markets initiated the stock to “Outperform” and issued a price target of $127. JP Morgan downgraded its price target at $106-$99.

BioNTech SE ADR (BNTX) stock is up 6.32% over the week and 3.09% over the past month. Its price is -12.15% year-to-date and -15.80% over the past year.

To reach the target analysts have set, the stock logically needs to grow 19.9 percent from here.

The company has a return on investment of 4.42% and return on equity of 4.56%. The price to earnings ratio (P/E ratio) amounts to 22.61. The beta has a value of 0.25. Price to book ratio is 0.99 and price to sales ratio is 5.35.