Abbvie Inc (NYSE:ABBV) does about 5.74M shares in volume on a normal day but saw 5733957 shares change hands in Monday trading. The company now has a market cap of 288.14B USD. Its current market price is $162.73, marking a decrease of -0.65% compared to the previous close of $163.79. The 52 week high reached by this stock is $182.89 whilst the lowest price level in 52 weeks is $130.96.
Abbvie Inc (ABBV) has a 20-day trading average at $164.69 and the current price is -11.02% off the 52-week high compared with 24.26% distance from its 52-week low. The 50-day simple moving average of the closing price is $172.76 and its 200-day simple moving average is $157.58. If we look at the stock’s price movements over the week, volatility stands at 2.17%, which decreases to 2.05% 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 41.35 to suggest the stock is neutral.
The consensus objective for the share price is $184.04, suggesting that the stock has a potential upside of 11.58% over the period.
Abbvie Inc (ABBV) stock is up 0.75% over the week and -4.28% over the past month. Its price is 5.01% year-to-date and 10.43% over the past year.
To reach the target analysts have set, the stock logically needs to grow 11.58 percent from here.
The company has a return on investment of 8.29% and return on equity of 55.92%. The price to earnings ratio (P/E ratio) amounts to 48.45 while the forward price to earnings ratio is 13.47. The beta has a value of 0.59. Price to book ratio is 35.89 and price to sales ratio is 5.30.
