Bausch Health Companies (TSE:BHC) Trading 7.4% Higher – What’s Next?

Bausch Health Companies Inc. (TSE:BHCGet Free Report) rose 7.4% on Thursday . The stock traded as high as C$10.40 and last traded at C$9.99. Approximately 63,413 shares changed hands during trading, a decline of 75% from the average daily volume of 252,202 shares. The stock had previously closed at C$9.30.

Bausch Health Companies Stock Up 2.3 %

The firm’s 50 day simple moving average is C$10.56 and its 200-day simple moving average is C$10.35. The company has a current ratio of 1.19, a quick ratio of 0.58 and a debt-to-equity ratio of -1,831.94. The company has a market capitalization of C$2.71 billion, a price-to-earnings ratio of -15.23, a PEG ratio of 0.21 and a beta of 0.77.

About Bausch Health Companies

(Get Free Report)

Bausch Health Companies Inc operates as a diversified specialty pharmaceutical and medical device company in the United States and internationally. It develops, manufactures, and markets a range of products primarily in gastroenterology, hepatology, neurology, dermatology, international pharmaceuticals, over-the-counter (OTC) products, aesthetic medical devices, and eye health.

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