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Bristol-Myers Squibb Company’s Stock Price Soars to $45.81, Marking a Robust 3.83% Uptick

Bristol-Myers Squibb Company (BMY)

45.81 USD +1.69 (+3.83%) Volume: 27.42M

Bristol-Myers Squibb Company’s stock price currently stands at 45.81 USD, exhibiting a promising surge of +3.83% this trading session with a robust trading volume of 27.42M, despite a year-to-date decrease of -19.01%, highlighting its dynamic performance in the pharmaceutical sector.


Latest developments on Bristol-Myers Squibb Company

Today, Bristol-Myers Squibb stock stood out, outperforming its competitors on a strong trading day. The company’s CEO advocated for fair global drug pricing, emphasizing the importance of maintaining America’s biopharma leadership. Additionally, Bristol Myers Squibb saw positive developments as 2seventy bio completed a merger with the company. Despite these successes, the company’s president sold a small amount of stock. Overall, Bristol-Myers Squibb remains a top choice for investors looking to capitalize on the domestic manufacturing boom in the pharmaceutical industry.


A look at Bristol-Myers Squibb Company Smart Scores

FactorScoreMagnitude
Value2
Dividend5
Growth3
Resilience3
Momentum4
OVERALL SMART SCORE3.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Looking at the Smartkarma Smart Scores for Bristol-Myers Squibb, it appears that the company has a strong dividend score of 5, indicating a positive outlook for investors looking for steady income. Additionally, the company scores well in terms of momentum with a score of 4, suggesting that there is positive market sentiment surrounding Bristol-Myers Squibb. However, the company scores lower in terms of value, growth, and resilience, with scores of 2, 3, and 3 respectively.

Bristol-Myers Squibb Company is a global biopharmaceutical company that focuses on developing and selling pharmaceutical and nutritional products. With a diverse portfolio of products and experimental therapies targeting a range of health conditions such as cancer, heart disease, HIV and AIDS, diabetes, and psychiatric disorders, the company is well-positioned in the healthcare industry. While the company’s strong dividend score of 5 is a positive sign for investors, its lower scores in value, growth, and resilience suggest that there may be some challenges ahead in terms of long-term performance.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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