Company Shares of Pfizer Drops by -3.03%

Pfizer (NYSE:PFE) has tumbled 3.03% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 1.42% in the last four weeks. The stocks have underperformed the S&P 500 by 1.87% during the past week but Pfizer (NYSE:PFE) it has outperformed the index in 4 weeks by 0.5%.

Pfizer (NYSE:PFE): The stock opened at $34.78 on Friday but the bulls could not build on the opening and the stock topped out at $34.81 for the day. The stock traded down to $34.06 during the day, due to lack of any buying support eventually closed down at $34.22 with a loss of -1.53% for the day. The stock had closed at $34.75 on the previous day. The total traded volume was 33,608,565 shares.

The company shares have rallied 0.12% from its 1 Year high price. On Jul 31, 2015, the shares registered one year high at $36.46 and the one year low was seen on Feb 8, 2016. The 50-Day Moving Average price is $34.05 and the 200 Day Moving Average price is recorded at $31.85.

On the companys insider trading activities, The officer (Executive Vice President), of Pfizer Inc, Damelio Frank A had unloaded 100,000 shares at $34.49 per share in a transaction on May 26, 2016. The total value of transaction was $3,449,000. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Many analysts have stated their opinion on the company shares. Jefferies maintains their rating on the shares of Pfizer (NYSE:PFE). The current rating of the shares is Buy. Equity Analysts at the Firm raises the price target to $42 per share from $41 per share. The rating by the firm was issued on June 14, 2016. Currently the company Insiders own 0.07% of Pfizer shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -18.54% . Institutional Investors own 75.07% of Pfizer shares. During last six month period, the net percent change held by insiders has seen a change of -18.54%.

Pfizer Inc. is a global biopharmaceutical company. The Company is engaged in discovering, developing and manufacturing of healthcare products. Its products include Lyrica, the Prevnar family of products, Enbrel, Celebrex, Lipitor, Viagra, Zyvox, Sutent, EpiPen, Toviaz, Tygacil, Rapamune, Xalkori, Inlyta, Norvasc, BeneFIX, Genotropin and Enbrel, among others. It operates in three segments: Global Innovative Pharmaceutical segment (GIP), Global Vaccines, Oncology and Consumer Healthcare segment (VOC) and Global Established Pharmaceutical segment (GEP). GIP is focused on developing, registering and commercializing medications in therapeutic areas, such as inflammation, cardiovascular/metabolic, neuroscience and pain, rare diseases and womens/mens health. VOC focuses on the development and commercialization of vaccines and products for oncology and consumer healthcare. GEP includes its sterile injectable products and bio similar development portfolio. Its subsidiary is Hospira, Inc.

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