Bausch Health Companies Inc. (NYSE:BHC) traded today at a new 52-week high of $32.50. Approximately 2.5 million shares have changed hands today, as compared to an average 30-day volume of 4.6 million shares.
Formerly known as Valeant Pharmaceuticals, Bausch Health is a global specialty pharmaceutical, consumer health, and medical device company with a focus on branded products for the dermatology, gastrointestinal, and ophthalmology markets. The company reports revenue in four segments: Bausch+Lomb and international (55% of revenue), Salix pharmaceuticals (25%), ortho dermatology (6%), and diversified products (14%), and approximately 13% of revenue is attributable to non-U.S. markets. Bausch is the market leader in consumer visioncare in India and China, and the fourth-largest visioncare company by sales in the United States.
Over the past year, Bausch Health Companies Inc. has traded in a range of $11.15 to $32.50 and is now at $31.79, 185% above that low.
Based on a current price of $31.79, Bausch Health Companies Inc. is currently 11.9% above its average consensus analyst price target of $27.99.
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