NEW YORK (
) hit a new 52-week high Friday as it is currently trading at $44.01, above its previous 52-week high of $43.94 with 1.6 million shares traded as of 10:17 a.m. ET. Average volume has been 2.4 million shares over the past 30 days.
GlaxoSmithKline has a market cap of $111.4 billion and is part of the
industry. Shares are up 11.2% year to date as of the close of trading on Thursday.
GlaxoSmithKline plc, together with its subsidiaries, engages in the discovery, development, manufacture, and marketing of pharmaceutical products, over the counter (OTC) medicines, and health-related consumer products worldwide. The company has a P/E ratio of 43.6, above the average drugs industry P/E ratio of 38 and above the S&P 500 P/E ratio of 17.7.
- Practice your GSK trading strategies and win cash in our stock game.
TheStreet Ratings rates GlaxoSmithKline as a
. The company's strengths can be seen in multiple areas, such as its increase in net income, solid stock price performance and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including generally poor debt management and weak operating cash flow. You can view the full
52-week high stocks
or get investment ideas from our