Biogen Stock Price $347.02 +1.61 (0.47%)

Biogen Inc, is a Health Care stock that trades on the NASDAQ and has a market capitalization of $69.58 Billion.


Ideas, Updates & Analysis


Probably the biggest story in the stock market today was Biogen.

Biogen Alzheimer's Drug Success

https://www.cnbc.com

As a result, the stock was up over 19% today.

Fortunately, I bought a few shares on Fri, Mar 16 at $291.

I bought for several fundamental and technical reasons.

Even though the stock is now close to the 52 week high, which is bullish, I decided to sell today and lock in my profits.

Why did I sell?

Simply put, the stock price is near the top of the trading range I highlighted in my previous post.

From a technical standpoint, that made the decision to sell pretty easy while limiting the emotions of fear and greed.

I mentioned the $350 price level and I sold at $355.

Overall, it was a 22% return.

Obviously, this unexpected big announcement caught everyone by surprise.

Fortunately, it was a positive announcement.

If you are new to stock market investing you should be aware that almost all companies report 4 big announcements every year on publicly disclosed dates.

It is called the earnings announcement.

The earnings announcement can move the stock price quite a bit.

So you don't get caught off guard, I highly recommend using an earnings calendar on a regular basis.

What do you think about "The Power Of A Big Announcement"?

Let me know in the comments section!

If you think your friends would like this, please share it. Thanks!


Fri, Jul 6, 2018 BIIB @ $357.48

Hanging On...
Thu, May 31, 2018

I bought this stock at $291 in March and I was all set for this thing to run.

It did run.

It ran all the way down to the $257.

In hindsight, I hit the buy button too early.

I was down over 10%.

I was not concerned.

Ok, I was a little concerned.

There was no new bad news, so I held on.

Fortunately, the Earnings release on Tue, Apr 24, 2018 was received very well.

Now the stock is above where I purchased by about $2.

Ok, now I ready to see this thing run.

Up.

I am ready to see this stock run up.

How about $320 or higher?

What do you think about "Hanging On..."?

Let me know in the comments section!

If you think your friends would like this, please share it. Thanks!


Thu, May 31, 2018 BIIB @ $293.96

While scanning the bear market stocks page, I saw Biogen.

It's a list of stocks that are -20% or more since their 52 week high.

I look for a couple of setups.

1) Charts that show the stock price is moving sideways or "price consolidation".

2) Charts with a significant price drop over the course of a couple days. Sometimes it is a legitimate reaction to bad news, while other times, it is an overreaction to bad news.

The 52 Week High stock price is $370.57 from Fri, Jan 26, 2018.

The stock is down quite a bit down to $291.

The 1 year chart shows a large rapid decline from the recent earnings announcement on Thu, Jan 25, 2018.

So that looks a little scary.

The 5 year chart tells a different story which I have highlighted in yellow.

It shows an uptrend with the stock price currently near support.

Based on the overall trend, this looks like a good time to get in.

If the trend stays intact, the stock could move up to $350 or higher.

Unfortunately, this BIIB does not pay a dividend, but it has a relatively low p/e ratio.

What do you think about "Is This Stock At Support?"?

Let me know in the comments section!

If you think your friends would like this, please share it. Thanks!


Fri, Mar 16, 2018 BIIB @ $287.62

Biogen Stock Charts

The 5 year and 1 year stock charts are below.


50 Day Moving Average

The 50 Day Moving Average is at $346.13 which is 0.26% below the stock price of $347.02.

200 Day Moving Average

The 200 Day Moving Average is at 312.06 which is 11.20% belowthe stock price of $347.02.


BIIB Stock Price

Below are a few key dates for the stock price.


Year To Date

Sep
24
Monday

The most recent stock price is $347.02.

The Year To Date (YTD) return is +3.85%.

52 Week Low

Apr
24
Tuesday

The 52 Week Low stock price is $249.17 set on Tue, Apr 24, 2018 which is 154 days ago.

The current price per share is 39.27% above the 52 week low.

52 Week High

Jul
25
Wednesday

The 52 Week High stock price is $388.67 set on Wed, Jul 25, 2018 which is 62 days ago.

The current price per share is -10.72% below the 52 week high.

All Time High

Mar 2015
20
Friday

The All Time High stock price is $480.18 set on Fri, Mar 20, 2015 which is 1,285 days ago.

The current price per share is -27.73% below the all time high.

Earnings

Below is the EPS, P/E Ratio and Earnings Date.


The EPS is -$-0 and the P/E Ratio is 0.

Earnings Dates

Stocks can make big percentage moves on the earnings announcement.

Companies announce earnings either before the market open or after the close.

Apr
24
Tuesday

The Earnings Release Date for Biogen Inc was Tue, Apr 24, 2018.

Since this earnings release 154 days ago, the stock price is up by +33.83%.

Jul
24
Tuesday

The most recent Earnings Release Date was on Tue, Jul 24, 2018, which was 63 days ago.

Since this earnings date, the stock price is down by -3.10%.

Biogen Dividend

Below is important Dividend information.


BIIB currently does not pay a dividend.

You may like this list of best dividend stocks of 2018.

Industry Stocks

Below are other Biotech & Pharma stocks as Biogen.