Shares of West Pharmaceutical Services Inc. (NYSE:WST) traded at a new 52-week high today of $424.00. This new high was reached on below average trading volume as 73,000 shares traded hands, while the average 30-day volume is approximately 364,000 shares.
In the past 52 weeks, shares of West Pharmaceutical Services Inc. have traded between a low of $253.85 and a high of $424.00 and is now at $420.24, which is 66% above that low price.
West Pharmaceutical Services Inc. (NYSE:WST) defies analysts with a current price ($420.24) 32.8% above its average consensus price target of $282.59.
West Pharmaceutical Services is a Pennsylvania-based medical supplies company that operates as a key supplier to firms in the pharmaceutical, biotechnology, and generic drug industries. West develops, manufactures, and distributes elastomer-based supplies for the containment and administration of injectable drugs, including basic equipment such as syringes, stoppers, and plungers, along with somewhat more complicated devices including auto-injectors and other self-injection platforms. The company reports in two segments: proprietary products (77% of 2020 sales) and contract-manufactured products (23%). It generates 55% of its revenue from international markets and 45% from the United States.
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