AbbVie Inc. (NYSE:ABBV) traded today at a new 52-week high of $118.35. This new high was reached on below average trading volume as 3 million shares traded hands, while the average 30-day volume is approximately 6.4 million shares.
AbbVie Inc. (NYSE:ABBV) is currently priced 0.3% above its average consensus analyst price target of $117.32.
AbbVie Inc. share prices have moved between a 52-week high of $118.35 and a 52-week low of $79.11 and are now trading 49% above that low price at $117.69 per share.
AbbVie is a drug company with a strong exposure to immunology and oncology. The company’s top drug, Humira, represents close to half of the company’s current profits. The company was spun off from Abbott in early 2013. The recent acquisition of Allergan adds several new drugs in aesthetics and women’s health.
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