Endo International plc (ENDP) is one of the best performing stocks in the health care sector for companies listed on the New York Stock Exchange or NASDAQ exchange shortly after the opening bell on September 23. Shares of ENDP have climbed 8.93% about 30 minutes into the session to $22.07 after closing the day prior at $20.26. It’s early, but the stock has traded as high as $22.34 and as low as $20.9 so far. Today’s quick advance has come with about 2.09 million shares changing hands, compared to an average 30-day volume of 5.74 million for Endo International plc. The price is currently below the 30-day volume weighted average price of $21.69 for ENDP.
The share appreciation gives the company a market capitalization of $4.51 billion based upon 222.77 million shares outstanding. It also means that ENDP has a price-to-book ratio of 0.72:1 and a price-to-earnings ratio of :1.
In the past 52 weeks, shares of ENDP have traded as low as $12.56 and as high as $76.62. Technical traders will take note that at $22.07, shares of ENDP are trading below their 200-day MA at $31.9 and above their 50-day MA at $20.07. 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 ENDP?
Endo International PLC is a specialty healthcare company. The Company is engaged in developing, manufacturing, marketing and distribution of branded pharmaceutical and generic products as well as medical devices. The company’s 6406 employees are led by CEO Rajiv De Silva from the corporate headquarters at Simmonscourt Road, Ballsbridge.
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