AmerisourceBergen Corporation (ABC) returned 2.46% higher over current month

ABC Stock Price Update:

AmerisourceBergen Corporation (ABC) recently closed with fall of ABC stock price moved downswing along with the volume 1.59 million shares in Thursday session. Shares are closed price at $87.31 with change of -3.89%. The total dollar value of all 217.46 million outstanding shares is 18.99 billion. The company’s 3-months average volume stands at 1.29 million. When we divide the last trade volume by the 3-month average volume, we found out a relative volume of 1.23.

ABC Stock Price Movement in past 20 Days period and 52-Week period

The Company -2.94% to its 20-Day Simple Moving Average this short time frame image represents a downward movement of recent price over average price of last 20 days. Recent trade price levels places ABC’s stock about -17.84% away from the 52-week high and closed 21.43% away from the 52-week low.

ABC Stock Price Movement in past 50 Days period and 200 Days Period

Now moving toward intermediate time frame, 50-day Moving average is more useful at showing position trading trends lasting 50 days. Shares of ABC moved downward with change of -0.33% to its 50-day Moving average. This falling movement shows negative prices direction over last 50 days. ABC stock price revealed pessimistic move of -3.17% comparing average price of last 200 days. This comparison showed down direction of price behind its 200-SMA.

ABC Stock Past Historical Trends

If we checked the overall image of stock during recent quarter then we found that stock performance is trading down -0.68%. This check is giving bearish indication for investors. Investors expect the good YTD performance from the stock. From the start of year 2018 to present date ABC reported slumped performance of -4.91%. Investors saw a negative move of -4.10% in last five trading days. This performance is snap pessimistic view of last week. The stock is remained in negative radar as stock is falling.

Going move backward a period of six month analysis we come to know that stock soared 0.56% giving rising alert for Investors. Now we take an assessment of last twelve months period, where stock moved higher with performance of 8.70%.

Volatility in Focus: ABC

The beta factor is 0.99.Volatility shows sense of how far the stock will fall if the market takes a dive and how high stock will rise if the bull starts to climb. A stock with a beta more than 1 means high volatile and less than 1 means low volatile. The PE ratio of 39.56 helps investors explore how much they should pay for a stock based on its current earnings. High ratio reveals positive future performance and investors are willing to pay more. Low ratio discloses poor current and future performance.

ABC Consensus Recommendation:

Experts experienced mean rating at 2.30 following consensus analysis. (Rating Scale: 1.0 Strong Buy, 2.0 Buy, 3.0 Hold, 4.0 Sell, 5.0 Strong Sell). The analysts’ recommendations are not the only factor to be kept in mind while taking investment decision (whether to buy, hold, or sell a stock) that Investors should not rely only there are many side factors which have deep impact on stock’s performance such as financial reports filed with SEC, company’s portfolio and approach towards market systematic and unsystematic risk factors.

Important Notice

Guide to analyst recommendations because ratings terms vary from company to company, the guide is designed to help investors understand the meaning after each rating (where available) and to allow them to make comparisons between each firm’s recommendation.

ROI is 8.70%. A positive result means that returns exceed costs. Analysts therefore consider the investment a net gain. The opposite kind of result, a negative means that costs outweigh returns. Analysts therefore view the investment as a net loss.

Return on Assets (ROA) ratio indicates how profitable a company is relative to its total assets. The ROA is 2.90%. A company that manages their assets well will have a high return, while if manages their assets poorly will have a low return.

Rory Tomholt

Rory Tomholt

Rory Tomholt: Services Reporter I am Rory Tomholt and I have over 17 years experience in the financial services industry giving me a vast understanding of how news affects the financial markets. I am an active day trader spending the majority of my time analyzing earnings reports and watching commodities and derivatives. I have a Masters Degree in Economics from Westminster University with previous roles counting Investment Banking. Address: 4645 Hewes Avenue Catonsville, MD 21228 Phone: 443-612-9469 Email: rory@nasdaqplace.com

Leave a Reply

Your email address will not be published. Required fields are marked *