Stocks of Baxter International Inc (NYSE:BAX) traded higher last session on Wall Street, up 0.41% to $34.55.
BAX stock price is now 7.08% away from the 50-day moving average and 0.61% away from the 200-day moving average. The market capitalization of the company currently stands at $17.68B.
, while ‘Barclays’ rates the stock as ‘Overweight’
In other news, Stevens Brian, Officer bought 976 shares of the company’s stock on Sep 16 ’24. The stock was bought for $39,046 at an average price of $40.01. An SEC document containing details of the transaction can be found on the SEC’s website. On Sep 13 ’24, Officer Stevens Brian bought 16,063 shares of the business’s stock. A total of $639,465 was incurred on buying the stock at an average price of $39.81. A total of 0.80% of the company’s stock is owned by insiders.
During the past 12 months, Baxter International Inc has had a low of $28.33 and a high of $43.99. As of last week, the company has a debt-to-equity ratio of 1.93, a current ratio of 1.36, and a quick ratio of 1.05. The fifty day moving average price for BAX is $32.2664 and a two-hundred day moving average price translates $34.34175 for the stock.
The latest earnings results from Baxter International Inc (NYSE: BAX) was released for 2024-12-31. The net profit margin was -5.05% and return on equity was -9.24% for BAX. The company reported revenue of $533.0 million for the quarter, compared to $541.0 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -1.48 percent. For the current quarter, analysts expect BAX to generate $2.59B in revenue.
