Bausch Health Companies (TSE:BHC) Stock Price Down 0.3% - Here's What Happened

Bausch Health Companies Inc. (TSE:BHC - Get Free Report) experienced a decline of 0.3% in its stock price during mid-day trading on Thursday. The stock reached a low of C$8.96 before last trading at C$9.04. A total of 256,165 shares were exchanged during this trading session, which represents a 4% increase over the average trading volume of 246,767 shares. This follows a previous closing price of C$9.07.

Bausch Health Companies Stock Down 0.3%

The financial metrics for Bausch Health Companies show a quick ratio of 0.58 and a current ratio of 1.19. The company has an extremely high debt-to-equity ratio of -1,831.94. Currently, the stock is valued at a market capitalization of C$2.35 billion. Its price-to-earnings (PE) ratio is -13.23, while the price/earnings to growth (PEG) ratio stands at 0.21, and it has a beta of 0.77. The firm’s fifty-day moving average is C$10.85, and its 200-day moving average is C$10.40.

About Bausch Health Companies

Bausch Health Companies Inc is a diversified specialty pharmaceutical and medical device firm that operates in the United States and internationally. The company focuses on the development, manufacturing, and marketing of a variety of products that primarily target gastroenterology, hepatology, neurology, dermatology, international pharmaceuticals, over-the-counter (OTC) products, aesthetic medical devices, and eye health.

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