Friday, August 23, 2019
Pfizer Business Trends Assignment Example | Topics and Well Written Essays - 1000 words
Pfizer Business Trends - Assignment Example Looking at the graph above, the performance of Pfizer has been ever on the increase since 2008. If the company assumes an investment of $100 in 2008, the graph shows that, in 2009, the company reinvested all dividends and the amount of investment was $108.3. Similarly in the other years, it was $108.6 in 2010, $139.8 in 2011, $168.4 and $212.5 in 2012 and 2013 respectively. This shows a steady rise and a tremendous increase in the companyââ¬â¢s investment level every year. This, as well, shows that, the value of the companyââ¬â¢s shares has been increasing steadily in the stock exchange market. Profitability, therefore, can be deduced from the graph as the companyââ¬â¢s performance shows clearly that it is profitable as the level of the shareholderââ¬â¢s dividends keep on rising steadily every year. Since everyone who wants to invest in a company would benefit through the companyââ¬â¢s dividends that it pays to the shareholders, I would therefore not hesitate from inve sting in this company as it shows a prospectus future for its investors. The current stock price for this company is $29.96 with its daily high being at $30.27 while its day low standing at $29.85. Since its current stock price in the NYSE is higher than its day low, it means that the companyââ¬â¢s stock is doing well and is on the increase. Its 52 weeks high stands at $32.96 while its 52 weeks high stands at $27.12. This also shows that the current price is not lower than the 52 weeks low; hence the company is doing well in the stock exchange market. That is, its shares are profitable or they are gaining value in the NYSE. The company currently has a volume of shares that amounts to 54,908,700 shares (Pfizer, Shareholders Services : Cost Basis Calculator, 2014). When the companyââ¬â¢s performance is compared to other companies performance in the same industry, as indicated by the graph, and the graph assumes that all these companies invested $100 in 2008, hence creating a benchmark for all
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