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Pfizer Inc. (NYSE: PFE) Jumps 27.56% In Recent Session, What Are The Points You Absolutely Need To Consider?

Pfizer Inc. (NYSE:PFE) price closed higher on Friday, February 09, jumping 27.56% below its previous close.

A look at the daily price movement shows that the last close reads $31.21. The company’s 5Y monthly beta was ticking 0.57 while its P/E ratio in the trailing 12-month period read 78.43. Taking into account the 52-week price action we note that the stock hit a 52-week high of $44.33 and 52-week low of $25.76. The stock subtracted -4.93% on its value in the past month.

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Pfizer Inc., which has a market valuation of $155.62 billion, is expected to release its quarterly earnings report Apr 30, 2024 – May 06, 2024. The company stock has a Forward Dividend ratio of 1.70 (6.18%), while the dividend yield is 1.65 (5.99%). It is understandable that investor optimism is growing ahead of the company’s current quarter results.

Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give PFE a short term outlook of 100% Sell on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Sell, while an average of long term indicators are currently assigning the stock as 100% Sell.

The overview shows that PFE’s price is at present 163.21% off the SMA20 and -41.34% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 45.62, with weekly volatility standing at 1.80%. The indicator jumps to 2.07% when calculated based on the past 30 days. Pfizer Inc. (NYSE:PFE)’s beta value is holding at 0.60, while the average true range (ATR) indicator is currently reading 0.61.

Turning out attention to how the Pfizer Inc. stock has performed in comparison to its peers in the industry, here’s what we find: PFE’s stock is 27.56% on the day and -37.34% in the past 12 months, while Johnson & Johnson (JNJ) traded 0.23%% in the last session and was positioned -3.68% down on its price 12 months ago. Turning out attention to how the Pfizer Inc. stock has performed in comparison to its peers in the industry, here’s what we find: PFE’s stock is 27.56% on the day and -37.34% in the past 12 months, while Johnson & Johnson (JNJ) traded 0.23%% in the last session and was positioned -3.68% down on its price 12 months ago. Another comparison is with Eli Lilly & Co. (LLY) whose stock price was up 0.61%% in the last trading session, and has flourished 111.23% over the past year. Also, Abbott Laboratories (ABT) showed down trend of -0.55%% while its price kept floating at 3.03% over the past year. As for Pfizer Inc., the P/E ratio stands at 78.43 higher than that of Johnson & Johnson’s at 28.11 and Eli Lilly & Co.’s 127.60.

An analysis of the Pfizer Inc. (NYSE:PFE) stock in terms of its daily trading volume indicates that the 3-month average is 0.63. However, this figure increases on the past 10-day timeline to an average of 53.44 million.

Current records show that the company has 5.65B in outstanding shares. The insiders’ percentage holdings are 0.06% of outstanding shares while the percentage share held by institutions stands at 70.37%. The stats also highlight that short interest as of Jan 31, 2024, stood at 60.19 million shares, which puts the short ratio at the time at 1.3. From this we can glean that short interest is 1.07% of company’s current outstanding shares. Notably, we see that shares short in January rose slightly given the previous month’s figure stood at 57.03 million. But the -4.27% downside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.