Solventum Corp (NYSE: SOLV) is -15.54% lower on its value in year-to-date trading and has touched a low of $47.16 and a high of $96.05 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 SOLV stock was last observed hovering at around $68.10 in the last trading session, with the day’s loss setting it -0.53%.
Currently trading at $67.57, the stock is -1.16% and 8.54% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.78 million and changing -0.78% at the moment leaves the stock 11.44% off its SMA200. SOLV registered a loss of -2.85% in past 6-months. The firm has a 50-day simple moving average (SMA 50) of $62.5036 and a 200-day simple moving average (SMA200) of $60.34746.
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The stock witnessed a 12.52% gain in the last 1 month and extending the period to 3 months gives it a 27.78%, and is -3.40% down 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 2.15% over the week and 2.87% over the month.
Fwd P/E is 12.14. Distance from 52-week low is 43.28% and -29.65% from its 52-week high.
with sales reaching $2.06B over the same period.The EPS is expected to shrink by -35.50% this year.
Solventum Corp (SOLV) Top Institutional Holders
The shares outstanding are 172.71M, and float is at 138.29M with Short Float at 3.64%.
Solventum Corp (SOLV) Insider Activity
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