Shares of Teva Pharmaceutical Industries Limited (TEVA) Rally 6.52%

Teva Pharmaceutical Industries Limited (TEVA) has been under a strong bear grip, hence the stock is down -0.13% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 4.95% in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 6.52% in the last 1 week, and is up 4.23% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock. The stock has recorded a 20-day Moving Average of 5.99% and the 50-Day Moving Average is 4.65%.

Teva Pharmaceutical Industries Limited (NYSE:TEVA): The stock opened at $54.30 on Friday but the bulls could not build on the opening and the stock topped out at $54.75 for the day. The stock traded down to $53.86 during the day, due to lack of any buying support eventually closed down at $54.21 with a loss of -1.40% for the day. The stock had closed at $54.98 on the previous day. The total traded volume was 6,405,723 shares.


The company Insiders own 7.1% of Teva Pharmaceutical Industries Limited shares according to the proxy statements. Institutional Investors own 64.06% of Teva Pharmaceutical Industries Limited shares.

Teva Pharmaceutical Industries Limited (Teva) is a global pharmaceutical and drug company. The Companys generic products cover almost every major therapeutic area. The Company operates its business in two segments: Generic medicines, which manufactures and sells generic pharmaceutical products in several dosage forms, including tablets, capsules, injectables, inhalants, liquids, ointments and creams, and Specialty medicines, which delivers solutions to patients and providers via medicines, devices and services. Its Central Nervous System (CNS) portfolio includes Copaxone, Azilect and Nuvigil. Its main respiratory medicines include ProAir hydrofluoroalkane, QVAR and Duoresp Spiromax. Its oncology portfolio includes Treanda, Trisenox, Granix Synribo, Lonquex, Tevagrastim/Ratiograstim, Myocet, Trisenox and Eporatio. Its womens health portfolio includes ParaGard, Plan B One-Step OTC/Rx (levonorgestrel) and Zoely.

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