Alcon Inc (ALC) concluded trading on Wednesday at a closing price of $93.31, with 4.12 million shares of worth about $384.4 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -2.89% during that period and on Wednesday the price saw a gain of about 2.41%. Currently the company’s common shares owned by public are about 494.60M shares, out of which, 486.73M shares are available for trading.
Stock saw a price change of 4.19% in past 5 days and over the past one month there was a price change of 2.15%. Year-to-date (YTD), ALC shares are showing a performance of 9.92% which increased to 16.55% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $77.54 but also hit the highest price of $101.10 during that period. The average intraday trading volume for Alcon Inc shares is 1.12 million. The stock is currently trading 3.01% above its 20-day simple moving average (SMA20), while that difference is up 6.60% for SMA50 and it goes to 2.66% higher than SMA200.
Alcon Inc (NYSE: ALC) currently have 494.60M outstanding shares and institutions hold larger chunk of about 57.39% of that.
The stock has a current market capitalization of $46.03B and its 3Y-monthly beta is at 1.07. PE ratio of stock for trailing 12 months is 45.59, while it has posted earnings per share of $2.05 in the same period. Its PEG reads 4.07 and has Quick Ratio of 1.77 while making debt-to-equity ratio of 0.24. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ALC, volatility over the week remained 1.83% while standing at 1.48% over the month.
Stock’s fiscal year EPS is expected to rise by 7.45% while it is estimated to increase by 15.30% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Needham on January 24, 2025 offering a Buy rating for the stock and assigned a target price range of between $108 and $106 to it. Stock get a Neutral rating from Redburn Atlantic on October 10, 2024.
