Koninklijke Philips Stock Impressive Rise On Monday, Outperforms Market

(VIANEWS) – The NYSE ended the session with Koninklijke Philips jumping 14.29% to $21.75 on Monday, following the last session’s upward trend. NYSE rose 0.18% to $15,606.71, after three successive sessions in a row of losses, on what was a somewhat positive trend trading session today.

Koninklijke Philips’s last close was $19.03, 38.73% below its 52-week high of $31.06.

About Koninklijke Philips

Koninklijke Philips N.V. operates as a health technology company in North America, the Greater China, and internationally. It operates through Diagnosis & Treatment Businesses, Connected Care Businesses, and Personal Health Businesses segments. The company provides diagnostic imaging solutions, includes magnetic resonance imaging, X-ray systems, and computed tomography (CT) systems and software comprising detector-based spectral CT solutions, as well as molecular and hybrid imaging solutions for nuclear medicine; echography solutions focused on diagnosis, treatment planning and guidance for cardiology, general imaging, obstetrics/gynecology, and point-of-care applications; integrated interventional systems, and interventional diagnostic and therapeutic devices to treat coronary artery and peripheral vascular disease; proprietary software to enable diagnostics and intervention; and enterprise diagnostic informatics products and services. It also offers acute patient management solutions; emergency care solutions; sleep and respiratory care solutions; and electronic medical record and care management solutions. In addition, the company provides power toothbrushes, brush heads, and interdental cleaning and teeth whitening products; infant feeding, baby monitors, and digital parental solutions; and grooming and beauty products and solutions. It has strategic partnership agreements with TriHealth, Prisma Health, and the University Health System of San Antonio to help the health system standardize patient monitoring, drive interoperability, and lay the foundation for enterprise-wide platform; and Oulu University Hospital to deliver advanced image-guided therapy solutions. The company was formerly known as Koninklijke Philips Electronics N.V. and changed its name to Koninklijke Philips N.V. in May 2013. Koninklijke Philips N.V. was founded in 1891 and is headquartered in Amsterdam, the Netherlands.

Earnings Per Share

As for profitability, Koninklijke Philips has a trailing twelve months EPS of $-2.02.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -11.66%.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on May 11, 2022, the estimated forward annual dividend rate is 0.91 and the estimated forward annual dividend yield is 4.91%.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Koninklijke Philips’s stock is considered to be oversold (<=20).

Volatility

Koninklijke Philips’s last week, last month’s, and last quarter’s current intraday variation average was 1.13%, 1.01%, and 1.76%.

Koninklijke Philips’s highest amplitude of average volatility was 1.34% (last week), 1.71% (last month), and 1.76% (last quarter).

Revenue Growth

Year-on-year quarterly revenue growth grew by 9.7%, now sitting on 17.83B for the twelve trailing months.

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