Are Analysts Too Bullish On Astrazeneca plc ADR (AZN)

Astrazeneca plc ADR (NASDAQ:AZN) currently has a daily average trading volume of 4.27M but it saw 7223030 shares traded in last market. With a market cap of 220.61B USD, the company’s current market price of $71.15 came falling about -2.31 while comparing to the previous closing price of $72.83. In past 52 weeks, the stock remained buoying in the range of price level as high as $87.68 and as low as $60.47. In the recent trading on the day, stock has struck highest price mark of $71.12 while lowest mark touched by it was $71.915.

Taking a look at 20-day trading activity of Astrazeneca plc ADR (AZN) gives us an average price of $76.57, while its current price level is -18.85% below from 52-week high level whereas it is 17.66% 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 $79.44 while that of 200 days or SMA-200 reads an average of $74.79. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.75% during that period while stretching the period over a month that decreases to 1.16%. 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 23.50 which implies that the stock is in oversold territory.

Over the week, AZN’s stock price is moving -6.26% down while it is -10.59% when we observe its performance for the past one month. Year-to-date it is 5.64% up and over the past year, the stock is showing an upside performance of 12.53%.

Currently, Astrazeneca plc ADR’s total number of outstanding shares is 3.10B. Company’s return on investment (ROI) stands at 9.51% and return on equity (ROE) at 16.75%. It has a price to earnings ratio (P/E ratio) of 34.47 while having a 15.18 of forward P/E ratio. Stock’s beta reads 0.47. Stock has a price to book (P/B) ratio of 5.58 while price to sale or P/S ratio amounts to 4.49. Its return on asset (ROA) is 6.41% on average.