Medtronic Plc (NYSE:MDT) currently has a daily average trading volume of 8.05M but it saw 8663002 shares traded in last market. With a market cap of 113.11B USD, the company’s current market price of $88.28 came falling about -0.53 while comparing to the previous closing price of $88.75. In past 52 weeks, the stock remained buoying in the range of price level as high as $96.25 and as low as $75.96. In the recent trading on the day, stock has struck highest price mark of $88.025 while lowest mark touched by it was $89.17.
Citigroup also issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $92 and $107.
Over the week, MDT’s stock price is moving 2.69% up while it is 5.42% when we observe its performance for the past one month. Year-to-date it is 12.16% up and over the past year, the stock is showing an upside performance of 10.52%.
Currently, Medtronic Plc’s total number of outstanding shares is 1.28B with 0.27% of that held by the insiders while 86.84% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 6.25% and return on equity (ROE) at 9.49%. It has a price to earnings ratio (P/E ratio) of 24.40 while having a 14.75 of forward P/E ratio. Stock’s beta reads 0.81. Stock has a price to book (P/B) ratio of 2.36 while price to sale or P/S ratio amounts to 3.37. Its return on asset (ROA) is 5.13% on average.
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