Shares of Zoetis Inc. Class A (ZTS) Rise to a New 52-Week High

July 7, 2021 11:15:57

Zoetis Inc. Class A (NYSE:ZTS) traded today at a new 52-week high of $195.21. Approximately 327,000 shares have changed hands today, as compared to an average 30-day volume of 1.6 million shares.

Zoetis sells anti-infectives, vaccines, parasiticides, diagnostics, and other health products for animals. The firm earns slightly less than half of total revenue from production animals (cattle, pigs, poultry, and so on), and more than half from companion animal (dogs, horses, cats) products make up the other half. Its U.S. business is heavily skewed toward companion animals, while its international business is slightly skewed toward production animals. The firm has the largest market share in the industry and was previously Pfizer’s animal health unit.

Over the past year, Zoetis Inc. Class A has traded in a range of $135.34 to $195.21 and is now at $194.72, 44% above that low.

Zoetis Inc. Class A (NYSE:ZTS) is currently priced 11.0% above its average consensus analyst price target of $173.39.

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