Stock price performance of Biogen Inc. is analyzed for various periods using several stock trading signals. The stock price have dropped -17.08% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -16.46% . Looking at the past 52 week period, the stock price is up at 0.31% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Biogen Inc. has a positive value of 8.94 compared to overall market. For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a 20-day Moving Average of 2.73% and the 50-Day Moving Average is 5.02%.The 200 Day SMA reached 2.74%
Biogen Inc. is having a Relative Strength Index of 32.39 which indicates the stock is not yet over sold or over bought based on the technical indicators. Biogen Inc. (NASDAQ:BIIB) has tumbled 4.87% during the past week and has dropped 10.28% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 4.98%. Biogen Inc. (NASDAQ:BIIB) has underperformed the index by 11.08% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Company has reported several Insider transactions to the SEC, on Jan 10, 2017, Robert W Pangia (director) sold 5,450 shares at 295.39 per share price.On Dec 5, 2016, Adriana Karaboutis (EVP, Tech, Bus. Sol & Corp Aff) sold 48 shares at 296.53 per share price.On Sep 26, 2016, Caroline Dorsa (director) sold 27,570 shares at 314.00 per share price.
Biogen Inc Last issued its quarterly earnings results on Jan 26, 2017. The company reported $5.04 EPS for the quarter, beating the analyst consensus estimate by $ 0.08. Analyst had a consensus of $4.96. The company had revenue of $2872.00 million for the quarter, compared to analysts expectations of $2939.36 million. The companys revenue was up 1.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $4.50 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by Raymond James on Dec 29, 2016 to Strong Buy, Raises Price Target to $ 386 from a previous price target of $375 .Company shares were Reiterated by Stifel on Dec 9, 2016 to Hold, Raises Price Target to $ 298 from a previous price target of $291 .Biogen Inc was Initiated by Mizuho on Nov 8, 2016 to Buy, Price Target of the shares are set at $290.
Biogen Inc. (NASDAQ:BIIB) : On Friday heightened volatility was witnessed in Biogen Inc. (NASDAQ:BIIB) which led to swings in the share price. The stock opened for trading at $264.98 and hit $266 on the upside , eventually ending the session at $264.67, with a gain of 0.17% or 0.44 points. The heightened volatility saw the trading volume jump to 1,537,510 shares. The 52-week high of the share price is $307.32543 and the company has a market cap of $57,169 million. The 52-week low of the share price is at $205.42501 .
Biogen is a leading biopharmaceutical company engaged in the research, development and marketing of targeted therapies for the treatment of cancer, autoimmune and inflammatory diseases. The company owns industry leading brands for the treatment of multiple sclerosis, next-generation treatments for hemophilia, and a deep clinical pipeline ranging from Alzheimers disease, lupus nephritis to neuropathic pain.