Stock price performance of Thermo Fisher Scientific Inc is analyzed for various periods using several stock trading signals. In this case, The stock price has rallied 0.12% 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 -1.4% . Looking at the past 52 week period, the stock price is up at 22.93% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of Thermo Fisher Scientific Inc has a negative value of -0.35 compared to overall market performance. For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a 20-day Moving Average of 0.8% and the 50-Day Moving Average is 1.17%.The 200 Day SMA reached 2.6%
Thermo Fisher Scientific Inc. is having a Relative Strength Index of 64.51 which indicates the stock is not yet over sold or over bought based on the technical indicators. Thermo Fisher Scientific Inc (NYSE:TMO) has climbed 4.11% in the past week and advanced 2.82% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 3.99% and the outperformance has advanced to 1.91% for the last 4 weeks period.
Company has reported several Insider transactions to the SEC, on Sep 6, 2016, Marc N Casper (Chief Executive Officer) sold 28,797 shares at 151.01 per share price.On Aug 31, 2016, Daniel P Shine (Senior Vice President) sold 1,699 shares at 152.28 per share price.On Aug 31, 2016, Thomas W Loewald (Senior Vice President) sold 3,256 shares at 152.28 per share price.
Thermo Fisher Scientific Last issued its quarterly earnings results on Jan 31, 2017. The company reported $2.41 EPS for the quarter, beating the analyst consensus estimate by $ 0.03. Analyst had a consensus of $2.38. The company had revenue of $4953.20 million for the quarter, compared to analysts expectations of $4989.01 million. The companys revenue was up 6.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.12 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Thermo Fisher Scientific was Initiated by Deutsche Bank on Jan 18, 2017 to Buy, Price Target of the shares are set at $163.Thermo Fisher Scientific was Resumed by Leerink Partners to Outperform on Nov 10, 2016.
Thermo Fisher Scientific Inc (NYSE:TMO) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.24 points or 0.16% at $151.43 with 1,817,142 shares getting traded. Post opening the session at $152.15, the shares hit an intraday low of $150.39 and an intraday high of $152.3733 and the price was in this range throughout the day. The company has a market cap of $59,819 million and the number of outstanding shares has been calculated to be 395,025,230 shares. The 52-week high of Thermo Fisher Scientific Inc (NYSE:TMO) is $160.675 and the 52-week low is $119.75.
Thermo Fisher Scientific Inc. provides analytical instruments, equipment, reagents and consumables, software, and services for research, manufacturing, analysis, discovery, and diagnostics. The Companys four premier brands include Thermo Scientific, Life Technologies, Fisher Scientific and Unity Lab Services. Its portfolio of products includes technologies for mass spectrometry, elemental analysis, molecular spectroscopy, sample preparation, informatics, purity chemistry production, protein analysis, Ribonucleic acid (RNA)-interference techniques, immunodiagnos. Thermo Fisher Scientific Inc. is headquartered in Waltham, Massachusetts.