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Bausch Health Companies (TSE:BHC) Stock Price Up 7.4% - Time to Buy?

Bausch Health Companies logo with Medical background

Bausch Health Companies Inc. (TSE:BHC - Get Free Report)'s share price shot up 7.4% during mid-day trading on Thursday . The company traded as high as C$10.40 and last traded at C$9.99. 63,413 shares changed hands during trading, a decline of 75% from the average session volume of 252,202 shares. The stock had previously closed at C$9.30.

Bausch Health Companies Price Performance

The company has a market cap of C$2.71 billion, a PE ratio of -15.23, a PEG ratio of 0.21 and a beta of 0.77. The company has a debt-to-equity ratio of -1,831.94, a quick ratio of 0.58 and a current ratio of 1.19. The company's 50-day simple moving average is C$10.56 and its 200 day simple moving average is C$10.35.

Bausch Health Companies Company Profile

(Get Free Report)

Bausch Health Companies Inc operates as a diversified specialty pharmaceutical and medical device company in the United States and internationally. It develops, manufactures, and markets a range of products primarily in gastroenterology, hepatology, neurology, dermatology, international pharmaceuticals, over-the-counter (OTC) products, aesthetic medical devices, and eye health.

Further Reading

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