Shares of Koninklijke Philips N.V. NY Registry Shares (NYSE:PHG) traded today at $60.97, eclipsing its 52-week high. So far today approximately 113,000 shares have been exchanged, as compared to an average 30-day volume of 469,000 shares.
Philips is a diversified global healthcare company operating in three segments: diagnosis and treatment, connected care, and personal health. About 44% of the company's revenue comes from the diagnosis and treatment segment, which features imaging systems, ultrasound equipment, image-guided therapy solutions and healthcare informatics. The connected care segment (24% of revenue) encompasses monitoring and analytics systems for hospitals and sleep and respiratory care devices, whereas the personal health business (remainder of revenue) includes electric toothbrushes, men's grooming and personal-care products and domestic appliances. In 2019, Philips generated EUR 19.5 billion of sales and had 80,000 employees in over 100 countries.
Koninklijke Philips N.V. NY Registry Shares (NYSE:PHG) has potential upside of 1.2% based on a current price of $60.90 and analysts' consensus price target of $61.62.
In the past 52 weeks, Koninklijke Philips N.V. NY Registry Shares share prices are bracketed by a low of $40.20 and a high of $60.97 and is now at $60.90, 51% above that low price.
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