Home / Biopharma / Healthcare Stocks Trapped in Bearish Claws: AbbVie (NYSE:ABBV), Pernix Therapeutics (NASDAQ:PTX)

Healthcare Stocks Trapped in Bearish Claws: AbbVie (NYSE:ABBV), Pernix Therapeutics (NASDAQ:PTX)

AbbVie Inc. (NYSE:ABBV) runs in leading trade, it slightly up 0.13% to trade at $66.83. ABBV attains analyst recommendation of 2.30 on scale of 1-5 with week’s performance of 0.60%.

To find out the technical position of ABBV, it holds price to book ratio of 19.26 that unearth high-growth companies selling at low-growth prices, but it requires appropriate measurement approach. It has forward price to earnings ratio of 11.77, and price to earnings ratio calculated as 19.16. The price to earnings growth ration calculated as 1.14. ABBV is presenting price to cash flow of 13.55 and free cash flow concluded as 26.46.

EPS estimates indicating constrictive facts, the current year from sell-side analysts, Price to current year EPS stands at 185.20%, and looking further price to next year’s EPS is 18.14%. While take a short look on price to sales ratio, that was 4.38 and price to earning ration of 19.16 attracting passive investors.

Pernix Therapeutics Holdings, Inc. (NASDAQ:PTX) kept active in under and overvalue discussion, shares a loss -4.20% to $0.62.. The total volume of 4.15 Million shares held in the session was surprisingly higher than its average volume of 6247.26 shares. EPS estimates indicating constrictive facts, the current year from sell-side analysts, Price to current year EPS stands at -198.50%, and looking further price to next year’s EPS is 164.70%.

Fundament/ News Factor in Focus

Taking look on ratio analysis, PTX has forward price to earnings ratio of 3.89. The co is presenting price to cash flow as 1.39. On other hand, keeping in mind stable cash flows but few growth prospects make traders to value lower. The firm has price volatility of 12.30% for a week and 14.88% for a month. Its beta stands at 1.63 times. Narrow down four to firm performance, its weekly performance was -17.28% and monthly performance was 22.94%.

 

About Richard Avery

He is a capital projects manager and process design engineer at a large-cap company. He has renowned MBA degree. Before joining SWR, he was a freelance writer for renounce tech websites. He is currently studying for CFP exam. Interests: Tech stocks, Economic Markets, Blue-chips.

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