Best Biotech Stocks To Watch Today – April 19th

AbbVie, Thermo Fisher Scientific, Danaher, Vertex Pharmaceuticals, and IQVIA are the five Biotech stocks to watch today, according to MarketBeat’s stock screener tool. Biotech stocks refer to shares of companies engaged in biotechnology, which encompasses research, development, and commercialization of products like pharmaceuticals, gene therapies, and diagnostics. These stocks are often characterized by high volatility due to the inherent uncertainties in research, clinical trial outcomes, and regulatory approvals, making them a high-risk, high-reward investment option. These companies had the highest dollar trading volume of any Biotech stocks within the last several days.

AbbVie (ABBV)

AbbVie Inc. discovers, develops, manufactures, and sells pharmaceuticals worldwide. The company offers Humira, an injection for autoimmune and intestinal Behçet's diseases, and pyoderma gangrenosum; Skyrizi to treat moderate to severe plaque psoriasis, psoriatic disease, and Crohn's disease; Rinvoq to treat rheumatoid and psoriatic arthritis, ankylosing spondylitis, atopic dermatitis, axial spondyloarthropathy, ulcerative colitis, and Crohn's disease; Imbruvica for the treatment of adult patients with blood cancers; Epkinly to treat lymphoma; Elahere to treat cancer; and Venclexta/Venclyxto to treat blood cancers.

Shares of ABBV stock traded up $1.10 during trading hours on Friday, hitting $172.78. 8,474,425 shares of the company were exchanged, compared to its average volume of 6,003,527. The company has a debt-to-equity ratio of 17.94, a quick ratio of 0.55 and a current ratio of 0.66. AbbVie has a fifty-two week low of $153.58 and a fifty-two week high of $218.66. The company has a 50 day simple moving average of $198.47 and a two-hundred day simple moving average of $187.82. The firm has a market cap of $305.64 billion, a P/E ratio of 71.99, a P/E/G ratio of 1.62 and a beta of 0.55.

Thermo Fisher Scientific (TMO)

Thermo Fisher Scientific Inc. provides life sciences solutions, analytical instruments, specialty diagnostics, and laboratory products and biopharma services in the North America, Europe, Asia-Pacific, and internationally. The company's Life Sciences Solutions segment offers reagents, instruments, and consumables for biological and medical research, discovery, and production of drugs and vaccines, as well as diagnosis of infections and diseases; and solutions include biosciences, genetic sciences, and bio production to pharmaceutical, biotechnology, agricultural, clinical, healthcare, academic, and government markets.

Shares of TMO traded down $10.68 during trading hours on Friday, reaching $426.11. The stock had a trading volume of 3,037,150 shares, compared to its average volume of 1,715,026. The company has a current ratio of 1.66, a quick ratio of 1.29 and a debt-to-equity ratio of 0.59. Thermo Fisher Scientific has a 12 month low of $409.85 and a 12 month high of $627.88. The company has a market capitalization of $160.85 billion, a price-to-earnings ratio of 25.78, a P/E/G ratio of 2.99 and a beta of 0.86. The firm has a 50-day simple moving average of $497.67 and a 200 day simple moving average of $533.64.

Danaher (DHR)

Danaher Corporation designs, manufactures, and markets professional, medical, industrial, and commercial products and services worldwide. The Biotechnology segments offers bioprocess technologies, consumables, and services that advance, accelerate, and integrate the development and manufacture of therapeutics; cell line and cell culture media development services; cell culture media, process liquids and buffers for manufacturing, chromatography resins, filtration technologies, aseptic fill finish; single-use hardware and consumables and services, such as the design and installation of full manufacturing suites; lab filtration, separation, and purification; lab-scale protein purification and analytical tools; reagents, membranes, and services; and healthcare filtration solutions.

Danaher stock traded down $3.95 during trading on Friday, hitting $186.71. 3,667,685 shares of the company were exchanged, compared to its average volume of 3,325,342. The company has a current ratio of 1.40, a quick ratio of 1.05 and a debt-to-equity ratio of 0.31. The company has a market capitalization of $133.44 billion, a P/E ratio of 35.36, a PEG ratio of 2.66 and a beta of 0.86. The business’s 50 day moving average is $201.99 and its 200 day moving average is $227.23. Danaher has a 52 week low of $171.00 and a 52 week high of $281.70.

Vertex Pharmaceuticals (VRTX)

Vertex Pharmaceuticals Incorporated, a biotechnology company, engages in developing and commercializing therapies for treating cystic fibrosis (CF). It markets TRIKAFTA/KAFTRIO for people with CF with at least one F508del mutation for 2 years of age or older; SYMDEKO/SYMKEVI for people with CF for 6 years of age or older; ORKAMBI for CF patients 1 year or older; and KALYDECO for the treatment of patients with 1 year or older who have CF with ivacaftor.

Shares of NASDAQ VRTX traded up $3.21 during midday trading on Friday, reaching $489.10. The company’s stock had a trading volume of 1,205,462 shares, compared to its average volume of 1,330,419. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.69 and a quick ratio of 2.35. The stock has a market capitalization of $125.60 billion, a P/E ratio of -222.32, a PEG ratio of 2.11 and a beta of 0.50. The firm has a 50 day moving average price of $486.76 and a 200-day moving average price of $465.20. Vertex Pharmaceuticals has a 12-month low of $377.85 and a 12-month high of $519.88.

IQVIA (IQV)

IQVIA Holdings Inc. engages in the provision of advanced analytics, technology solutions, and clinical research services to the life sciences industry in the Americas, Europe, Africa, and the Asia-Pacific. It operates through three segments: Technology & Analytics Solutions, Research & Development Solutions, and Contract Sales & Medical Solutions.

Shares of NYSE IQV traded down $4.78 during mid-day trading on Friday, reaching $143.66. 3,302,597 shares of the company’s stock were exchanged, compared to its average volume of 1,406,157. The firm has a 50-day moving average price of $176.42 and a two-hundred day moving average price of $196.86. The company has a debt-to-equity ratio of 2.12, a current ratio of 0.84 and a quick ratio of 0.84. The firm has a market capitalization of $25.33 billion, a price-to-earnings ratio of 19.15, a price-to-earnings-growth ratio of 1.99 and a beta of 1.46. IQVIA has a 52 week low of $135.97 and a 52 week high of $252.88.