Bausch Health Companies Inc (NYSE: BHC) is -5.24% lower on its value in year-to-date trading and has touched a low of $6.05 and a high of $11.46 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BHC stock was last observed hovering at around $7.38 in the last trading session, with the day’s gains setting it 0.22%.
Currently trading at $7.60, the stock is 6.27% and 12.02% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.56 million and changing 2.98% at the moment leaves the stock -2.83% off its SMA200. BHC registered -18.19% loss for a year compared to 6-month loss of -7.99%.
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The stock witnessed a 17.47% gain in the last 1 month and extending the period to 3 months gives it a -11.63%, and is 2.43% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.91% over the week and 3.42% over the month.
Bausch Health Companies Inc (BHC) has around 20270 employees, a market worth around $2.79B and $8.97B in sales. Fwd P/E is 1.82. Profit margin for the company is -5.07%. Distance from 52-week low is 25.62% and -33.68% from its 52-week high. The company has generated returns on investments over the last 12 months (-2.23%).
The EPS is expected to grow by 3.63% this year.
Bausch Health Companies Inc (BHC) Top Institutional Holders
The shares outstanding are 365.24M, and float is at 357.41M with Short Float at 5.16%.
Bausch Health Companies Inc (BHC) Insider Activity
The most recent transaction is an insider sale by Carson Seana,the company’sEVP, General Counsel. SEC filings show that Carson Seana sold 6,313 shares of the company’s common stock on Mar 04 ’24 at a price of $9.80 per share for a total of $61867.0. Following the sale, the insider now owns 0.5 million shares.
Bausch Health Companies Inc disclosed in a document filed with the SEC on Dec 05 ’23 that Carson Seana (EVP, General Counsel) sold a total of 220 shares of the company’s common stock. The trade occurred on Dec 05 ’23 and was made at $7.38 per share for $1624.0. Following the transaction, the insider now directly holds 0.38 million shares of the BHC stock.
Still, SEC filings show that on Nov 06 ’23, Carson Seana (EVP, General Counsel) disposed off 43 shares at an average price of $7.61 for $327.0. The insider now directly holds 384,836 shares of Bausch Health Companies Inc (BHC).
