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26 Nov 2024 22:36
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AstraZeneca PLC is one of the most well-known international companies in the industry. Its main research centers are located in several countries, including the UK, the US, and Sweden.
Notably, the company has been operating for more than 100 years. It was founded in 1913 in Sweden. Initially, the company was called Astra AB. However, it merged with Zeneca Group PLC in 1999, creating AstraZeneca PLC.
The company focuses on the development and commercialization of medicines against oncological, cardiovascular, inflammatory, and other diseases. In 2020, it developed a COVID-19 vaccine with funds received from the US Department of Health.
AstraZeneca's market capitalization stands at $127.68 billion. The company's revenue for 2021 amounted to $37.4 billion while the net profit was quite low, totaling $115 million.
AstraZeneca PLC shares are traded on the NASDAQ exchange under the AZN ticker.
Currently, AstraZeneca stock is estimated at $54-56. Over the past year, its price fluctuated in the range of $52.65 - $71.70.
You should pay attention to the following factors when trading its shares: