Taro Pharmaceutical Industries Shares Approach 52-Week Low - Market Mover

The shares closed 1.2% above its 52-week low of $35.40, with trading volume lower than its 30 day average

May 24, 2022 by Kwhen Finance Editors

Taro Pharmaceutical Industries Shares Approach 52-Week Low - Market Mover
Taro Pharmaceutical Industries (TARO) shares closed today at 1.2% above its 52 week low of $35.40, giving the company a market cap of $1B. The stock is currently down 28.5% year-to-date, down 49.8% over the past 12 months, and down 60.7% over the past five years. This week, the Dow Jones Industrial Average fell 2.4%, and the S&P 500 fell 3.5%.

Trading Activity

  • Trading volume this week was 31.3% lower than the 20-day average.
  • Beta, a measure of the stock’s volatility relative to the overall market stands at 0.2.

Technical Indicators

  • The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.
  • MACD, a trend-following momentum indicator, indicates an upward trend.
  • The stock closed below its Bollinger band, indicating it may be oversold.

Market Comparative Performance

  • The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis
  • The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis
  • The company share price is the same as the performance of its peers in the Health Care industry sector , lags it on a 1-year basis, and lags it on a 5 year basis
NameDoD %ΔYTD %Δ1 Yr %52-Week H %52-Week L %
Taro Pharmaceutical Industries-2.8-28.5-49.8-52.91.2
Dow Jones Industrial Average0.2-11.7-5.7-13.52.3
S&P 500 Index0.0-16.8-4.8-18.03.1
Health Care0.8-8.63.5-9.36.4

Peer Group Comparative Performance

  • The company's stock price performance year-to-date lags the peer average by -503.3%
  • The company's stock price performance over the past 12 months lags the peer average by -472.5%
NameMKT CAP (USD)P/EYTD %Δ1 Yr %Δ52-Week H %52-Week L %
Taro Pharmaceutical IndustriesTARO0-28.5-49.8-52.91.2
Peer AvgN/A11.47.113.4-8.3109.7
Johnson & JohnsonJNJ24.17.49.1-2.317.7
Pfizer Inc.PFE12.0-8.138.7-12.243.3
Merck & Co IncMRK16.924.624.1-0.6538.4
Novartis AG - ADRNVS9.39.58.8-3.219.9
Glaxosmithkline plc - ADRGSK21.73.521.1-4.222.6
Teva- Pharmaceutical Industries Ltd. - ADRTEVA-15.25.5-21.6-27.216.3

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