On Tuesday the shares of Alexion Pharmaceuticals shares slipped 1.36% to $153.45. This has to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX falling 0.32% to 3,958.55 and Dow Jones Industrial Average DJIA falling 0.31% to 33,066.96. The stock’s fall snapped a three-day winning streak.
Alexion Pharmaceuticals closed $9.15 below its 52-week high which is $162.60. The company achieved its January 26th. The stock result has shown a mixed performance when compared to some of its competitors Tuesday, as Gilead Sciences fell 1.04% to $65.50, Vertex Pharmaceuticals fell 1.72% to $212.99, and Regeneron Pharmaceuticals Inc. REGN fell 2.25% to $470.67. Trading volume remained 1.1 million below its 50-day average volume of 2.7 M.
According to GuruFocus research the companies that grow faster create more value for shareholders, especially if that growth is profitable. The average annual revenue growth of the company is 20.2%, which ranks better than 72% of the companies in the Biotechnology industry. The 3-year average EBITDA growth is -3.8%, which ranks in the middle range of the companies in the Biotechnology industry.
Be First to Comment