Shares of GlaxoSmithKline PLC (NYSE:GSK) traded at a new 52-week high today of $45.44. So far today approximately 1.4 million shares have been exchanged, as compared to an average 30-day volume of 3.5 million shares.
In the pharmaceutical industry, GlaxoSmithKline ranks as one of the largest firms by total sales. The company wields its might across several therapeutic classes, including respiratory, oncology, and antiviral, as well as vaccines and consumer healthcare products. Glaxo uses joint ventures to gain additional scale in certain markets like HIV and consumer products.
GlaxoSmithKline PLC share prices have moved between a 52-week high of $45.44 and a 52-week low of $33.53 and are now trading 35% above that low price at $45.30 per share.
GlaxoSmithKline PLC has overhead space with shares priced $45.30, or 19.3% below the average consensus analyst price target of $56.16.
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