Home / Healthcare / Health Care Firm Perrigo Company plc (PRGO) Advances 3.3% at Midday on September 22

Health Care Firm Perrigo Company plc (PRGO) Advances 3.3% at Midday on September 22

Perrigo Company plc (PRGO) has been one of the best performers amongst all NYSE and NASDAQ listed stocks in the health care sector during morning trading on September 22. At the lunch break, shares of PRGO have clocked gains of 3.3% to $96.78 after closing the day prior at $93.69. In the first two and a half hours of trading, the stock has gone as high as $97.54 and as low as $94.06. Today’s rise has come with about 744,968 shares changing hands, compared to an average 30-day volume of 2.63 million for Perrigo Company plc. The price is currently below the 30-day volume weighted average price of $96.3 for PRGO.

The share appreciation gives the company a market capitalization of $13.42 billion based upon 143.28 million shares outstanding. It also means that PRGO has a price-to-book ratio of 1.36:1.

In the past 52 weeks, shares of PRGO have traded as low as $82.5 and as high as $173.481. Technical traders will take note that at $96.78, shares of PRGO are trading below their 200-day MA at $113.9 and above their 50-day MA at $91.46. Technical analysts pay close attention to these key moving averages because they often serve as technical support and resistance levels and because a move through or holding above them is typically regarded as bullish.

Who is PRGO?

Perrigo Co PLC develops, manufactures and distributes over-the-counter and generic prescription pharmaceuticals, nutritional products and active pharmaceutical ingredients. The company’s 13300 employees are led by CEO John T. Hendrickson from the corporate headquarters at Lower Grand Canal Street in Dublin, .

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