Shares of Bayer Aktiengesellschaft (OTCMKTS:BAYRY – Get Free Report) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $6.82 and last traded at $6.83, with a volume of 511806 shares changing hands. The stock had previously closed at $6.99.
Analyst Ratings Changes
Separately, The Goldman Sachs Group began coverage on shares of Bayer Aktiengesellschaft in a report on Thursday, May 30th. They set a “neutral” rating on the stock. One equities research analyst has rated the stock with a sell rating and nine have assigned a hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold”.
Read Our Latest Stock Report on Bayer Aktiengesellschaft
Bayer Aktiengesellschaft Stock Up 2.1 %
Bayer Aktiengesellschaft (OTCMKTS:BAYRY – Get Free Report) last released its quarterly earnings results on Tuesday, May 14th. The company reported $0.77 earnings per share (EPS) for the quarter. The company had revenue of $14.95 billion during the quarter. Bayer Aktiengesellschaft had a negative net margin of 6.70% and a positive return on equity of 17.57%. Sell-side analysts predict that Bayer Aktiengesellschaft will post 1.36 earnings per share for the current fiscal year.
About Bayer Aktiengesellschaft
Bayer Aktiengesellschaft, together its subsidiaries, operates as a life science company worldwide. It operates through Pharmaceuticals, Consumer Health, and Crop Science segments. The Pharmaceuticals segment offers prescription products primarily for cardiology and women's health care; specialty therapeutics in the areas of oncology, hematology, and ophthalmology; and diagnostic imaging equipment and digital solutions, and contrast agents, as well as cell and gene therapy.
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