Bausch Health Companies Inc. (TSE:BHC - Get Free Report)'s stock price was up 3% during mid-day trading on Thursday . The company traded as high as C$11.67 and last traded at C$11.61. Approximately 76,142 shares traded hands during trading, a decline of 44% from the average daily volume of 137,096 shares. The stock had previously closed at C$11.27.
Analysts Set New Price Targets
Separately, Evercore ISI raised Bausch Health Companies to a "hold" rating in a report on Tuesday, October 15th.
Get Our Latest Analysis on Bausch Health Companies
Bausch Health Companies Price Performance
The firm's fifty day simple moving average is C$11.63 and its 200-day simple moving average is C$10.19. The firm has a market capitalization of C$4.18 billion, a PE ratio of -6.50, a PEG ratio of 0.21 and a beta of 0.77. The company has a quick ratio of 0.58, a current ratio of 1.19 and a debt-to-equity ratio of 7,583.76.
Bausch Health Companies (TSE:BHC - Get Free Report) last released its quarterly earnings data on Wednesday, October 30th. The company reported C$1.53 earnings per share (EPS) for the quarter, beating the consensus estimate of C$1.43 by C$0.10. The business had revenue of C$3.42 billion for the quarter, compared to analysts' expectations of C$3.36 billion. Bausch Health Companies had a negative return on equity of 2,304.54% and a negative net margin of 5.12%. On average, research analysts forecast that Bausch Health Companies Inc. will post 5.5472637 earnings per share for the current fiscal year.
Bausch Health Companies Company Profile
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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.
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