Pfizer Inc. (NYSE:PFE) traded at a new 52-week high today of $55.85. This new high was reached on below average trading volume as 17.5 million shares traded hands, while the average 30-day volume is approximately 45.6 million shares.
Pfizer is one of the world’s largest pharmaceutical firms, with annual sales close to $50 billion (excluding COVID-19 vaccine sales). While it historically sold many types of healthcare products and chemicals, now, prescription drugs and vaccines account for the majority of sales. Top sellers include pneumococcal vaccine Prevnar 13, cancer drug Ibrance, cardiovascular treatment Eliquis, and immunology drug Xeljanz. Pfizer sells these products globally, with international sales representing close to 50% of its total sales. Within international sales, emerging markets are a major contributor.
Pfizer Inc. share prices have moved between a 52-week high of $55.85 and a 52-week low of $33.36 and are now trading 65% above that low price at $55.20 per share.
Pfizer Inc. (NYSE:PFE) defies analysts with a current price ($55.20) 53.2% above its average consensus price target of $25.82.
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