Edwards Lifesciences Corporation (EW)
73.39 USD +2.49 (+3.51%) Volume: 7.22M
Edwards Lifesciences Corporation’s stock price sees a promising rise of +3.51% this trading session, currently standing at 73.39 USD with a robust trading volume of 7.22M, despite a slight Year-To-Date (YTD) dip of -3.75%.
Latest developments on Edwards Lifesciences Corporation
Recent events have caused fluctuations in the stock price of Edwards Lifesciences Corporation (NYSE: EW). Conway Capital Management Inc. made a significant investment of $737,000 in the company, while the CFO, Scott Ullem, sold $806k in stock. Additionally, there have been allegations of securities law violations, leading to a class action lawsuit against the company. Investors with substantial losses have until Friday to participate in the lawsuit. Despite these challenges, Quantinno Capital Management LP and LRI Investments LLC have increased their stock holdings in Edwards Lifesciences. The company’s performance compared to the S&P 500 has also been a point of concern. Singapore’s role in Edwards Lifesciences’ global supply chain strategy remains crucial amidst these developments.
A look at Edwards Lifesciences Corporation Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 1 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.2 |
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
Edwards Lifesciences, a company specializing in cardiovascular disease treatment products, has received a mixed outlook according to Smartkarma Smart Scores. With a high score in Growth and Momentum, the company is projected to experience strong expansion and market performance in the long term. However, its lower scores in Value and Dividend may indicate potential challenges in terms of profitability and dividend payouts.
Despite the varying scores, Edwards Lifesciences remains a key player in the global market for cardiovascular disease treatment. With a focus on innovation and product development, the company continues to supply a range of essential products to healthcare providers worldwide. Investors should carefully consider the Smartkarma Smart Scores to make informed decisions about the long-term prospects of Edwards Lifesciences.
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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