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Pfizer Inc: New 52-Week Low Set Today (PFE)

By Shiri Gupta

Shares of Pfizer Inc (NYSE:PFE) traded today at $34.77, breaking its 52-week low. So far today approximately 6 million shares have been exchanged, as compared to an average 30-day volume of 27.5 million shares.

Pfizer Inc. is a research-based, global pharmaceutical company that discovers, develops, manufactures, and markets healthcare products worldwide. The Company's products include medicines, vaccines, medical devices, and consumer healthcare products.

Potential upside of 14.1% exists for Pfizer Inc, based on a current level of $34.79 and analysts' average consensus price target of $39.71. The stock should find initial resistance at its 50-day moving average (MA) of $41.78 and further resistance at its 200-day MA of $42.22.

Over the past year, Pfizer Inchas traded in a range of $34.77 to $46.47 and are now at $34.79. Over the last five market days, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has declined 0.9%.

SmarTrend recommended that its subscribers protect gains by selling shares of Pfizer Inc on July 29th, 2019 by issuing a Downtrend alert when the shares were trading at $42.17. Since that call, shares of Pfizer Inc have fallen 16.5%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: 52 week high/lows pfizer inc

Ticker(s): PFE