Johnson & Johnson (NYSE:JNJ) traded at a new 52-week high today of $179.92. So far today approximately 1.7 million shares have been exchanged, as compared to an average 30-day volume of 5.6 million shares.
Johnson & Johnson is the world’s largest and most diverse healthcare firm. Three divisions make up the firm: pharmaceutical, medical devices and diagnostics, and consumer. The drug and device groups represent close to 80% of sales and drive the majority of cash flows for the firm. The drug division focuses on the following therapeutic areas: immunology, oncology, neurology, pulmonary, cardiology, and metabolic diseases. The device segment focuses on orthopedics, surgery tools, vision care, and a few smaller areas. The last segment of consumer focuses on baby care, beauty, oral care, over-the-counter drugs, and women’s health. Geographically, just over half of total sales are generated in the United States.
Johnson & Johnson (NYSE:JNJ) is currently priced 18.3% above its average consensus analyst price target of $146.57.
In the past 52 weeks, shares of Johnson & Johnson have traded between a low of $133.65 and a high of $179.92 and is now at $179.32, which is 34% above that low price.
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