Johnson & Johnson (JNJ) : During the past 4 weeks, traders have been relatively bearish on Johnson & Johnson (JNJ), hence the stock is down -4.45% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -2.65% relative to the S&P 500. The 4-week change in the price of the stock is -4.09% and the stock has fallen -2.68% in the past 1 week.
Johnson & Johnson is up 6.46% in the last 3-month period. Year-to-Date the stock performance stands at 18.43%. The stock has recorded a 20-day Moving Average of 3.05% and the 50-Day Moving Average is 1.27%.
Johnson & Johnson (NYSE:JNJ): The stock was completely flat for the day, closing at $119.92 on Friday. The flat closing masks the intraday volatility in the stock. After opening at $119.91, the stock touched an intraday high of $119.99 and a low of $119.32. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $119.92. The total trading volume on Friday was 7,798,299.
Also, Equity analysts at the Brokerage firm Jefferies maintains its rating on Johnson & Johnson (NYSE:JNJ). The rating major has initiated the coverage with hold rating on the shares. The Analysts at Jefferies raises the price target from $113 per share to $119 per share. The rating by the firm was issued on August 4, 2016.
Johnson & Johnson is a holding company. The Company is engaged in the research and development, manufacture and sale of a range of products in the health care field. The Company has more than 265 operating companies conducting business around the world. The Companys primary focus is products related to human health and well-being. The Company is organized into three business segments: Consumer, Pharmaceutical and Medical Devices. The Companys subsidiaries operate 134 manufacturing facilities occupying approximately 21.5 million square feet of floor space. The Companys research facilities are located in the United States, Belgium, Brazil, Canada, China, France, Germany, India, Israel, Japan, the Netherlands, Singapore, Switzerland and the United Kingdom.