Less Than Two Hours Before The NASDAQ Open, Royalty Pharma Is Up By 7%

(VIANEWS) – The NASDAQ opens in less than two hours and Royalty Pharma‘s pre-market value is already 7.72% up.

Royalty Pharma’s last close was $32.38, 27.5% under its 52-week high of $44.66.

The last session, NASDAQ ended with Royalty Pharma (RPRX) jumping 0.43% to $32.38. NASDAQ jumped 2.19% to $12,975.69, after two consecutive sessions in a row of gains, on what was an all-around up trend exchanging session.

About Royalty Pharma

Royalty Pharma plc operates as a buyer of biopharmaceutical royalties and a funder of innovations in the biopharmaceutical industry in the United States. It is also involved in the identification, evaluation, and acquisition of royalties on various biopharmaceutical therapies. In addition, the company collaborates with innovators from academic institutions, research hospitals and not-for-profits, small and mid-cap biotechnology companies, and pharmaceutical companies. Its portfolio consists of royalties on approximately 35 marketed therapies and 10 development-stage product candidates that address various therapeutic areas, such as rare disease, cancer, neurology, infectious disease, hematology, and diabetes. The company was founded in 1996 and is based in New York, New York.

Earnings Per Share

As for profitability, Royalty Pharma has a trailing twelve months EPS of $0.74.

PE Ratio

Royalty Pharma has a trailing twelve months price to earnings ratio of 43.76. Meaning, the purchaser of the share is investing $43.76 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 6.12%.

Yearly Top and Bottom Value

Royalty Pharma’s stock is valued at $32.38 at 08:24 EST, way under its 52-week high of $44.66 and above its 52-week low of $32.02.

More news about Royalty Pharma (RPRX).

Leave a Reply

Your email address will not be published. Required fields are marked *