• Return to Headlines

Shares of Pfizer Inc Has Fallen Below Previous 52-Week Low

By David Diaz

Shares of Pfizer Inc (NYSE:PFE) traded today at $28.27, breaking its 52-week low. This new low was reached on below average trading volume as 2.6 million shares traded hands, while the average 30-day volume is approximately 35.2 million shares.

In the past 52 weeks, shares of Pfizer Inc have traded between the current low of $28.27 and a high of $44.56 and are now at $28.32. Over the past week, the 200-day moving average (MA) has gone down 0.7% while the 50-day MA has declined 2.2%.

Potential upside of 40.2% exists for Pfizer Inc, based on a current level of $28.32 and analysts' average consensus price target of $39.71. The stock should run into initial resistance at its 50-day moving average (MA) of $36.31 and subsequent resistance at its 200-day MA of $38.00.

Pfizer Inc. operates as a pharmaceutical company. The Company offers medicines, vaccines, medical devices, and consumer healthcare products for oncology, inflammation, cardiovascular, and other therapeutic areas. Pfizer serves customers worldwide.

SmarTrend recommended that its subscribers protect gains by selling shares of Pfizer Inc on January 29th, 2020 by issuing a Downtrend alert when the shares were trading at $37.97. Since that call, shares of Pfizer Inc have fallen 23.6%. 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