West Pharmaceutical Services, Inc (NYSE:WST) shares, rose in value on Friday, March 07, with the stock price down by -0.55% to the previous day’s close as strong demand from buyers drove the stock to $231.47.
Actively observing the price movement in the last trading, the stock closed the session at $232.76. The PE ratio was 34.60 over 12-month period. Referring to stock’s 52-week performance, its high was $400.88, and the low was $197.01. On the whole, WST has fluctuated by -30.93% over the past month.
With the market capitalization of West Pharmaceutical Services, Inc currently standing at about $16.74 billion, investors are eagerly awaiting this quarter’s results, scheduled for in April. The company’s Forward Dividend Ratio is 0.82, with its dividend yield at 0.35%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 2.89B, with a low estimate of 680M and a high estimate of 690M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 685.61M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that WST’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 6.81, with the price of WST currently trading nearly -3.48% and -22.22% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 36.55, while the 7-day volatility ratio is showing 3.57% which for the 30-day chart, stands at 4.93%. Furthermore, West Pharmaceutical Services, Inc (WST)’s beta value is 1.22, and its average true range (ATR) is 11.35.
A comparison of West Pharmaceutical Services, Inc (WST) with its peers suggests the former has fared considerably weaker in the market. WST showed an intraday change of -0.55% in last session, and over the past year, it shrunk by -34.23%%.
Data on historical trading for West Pharmaceutical Services, Inc (NYSE:WST) indicates that the trading volumes over the past 3 months, they’ve averaged 858.67K. According to company’s latest data on outstanding shares, there are 72.30 million shares outstanding.
Nearly 0.59% of West Pharmaceutical Services, Inc’s shares belong to company insiders and institutional investors own 97.15% of the company’s shares. The stock has fallen by -29.34% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the WST stock heading into the next quarter.
