Stock News Alert: Perrigo Company plc (NYSE:PRGO)

Perrigo Company plc (NYSE:PRGO) stock observed trading -14.30% off 52-week high price. On the other end, the stock has been noted 22.56% away from low price over the last 52-weeks. The stock disclosed a move of -4.93% away from 50 day moving average and -1.85% away from 200 day moving average. Moving closer, we can see that shares have been trading -7.10% off 20-day moving average. It has market cap of $6.89B and dividend yield of 1.70%.

On Jan. 6, 2020, Perrigo Company plc (NYSE:PRGO) released that its Ranir subsidiary has acquired the assets of Steripod®, a leading toothbrush accessory brand and innovator in the toothbrush protector market, from Bonfit America Inc. The deal includes the Steripod® portfolio of antibacterial toothbrush protectors, kids’ products and tongue cleaners. Terms of the deal were not disclosed.

Perrigo CEO and President Murray S. Kessler commented, This small tuck-in acquisition of Steripod® nicely complements our current portfolio of oral self-care products and leverages our innovative manufacturing and marketing platform. This is one of numerous bolt-on opportunities that exist for Perrigo to support our objective of accelerating revenue growth.

About Perrigo Company plc

Perrigo Company plc (NYSE; TASE: PRGO) is dedicated to making lives better by bringing Quality, Affordable Self-care Products™ that consumers trust everywhere they are sold. The Company is a leading provider of over-the-counter health and wellness solutions that enhance individual well-being by empowering consumers to proactively prevent or treat conditions that can be self-managed.

The Ireland based company Perrigo Company plc moved with change of -1.36% to $49.28 with the total traded volume of 1220243 shares in recent session versus to an average volume of 1.01M shares. The stock was observed in the 5 days activity at -5.08%. The one month performance of stock was -2.78%. PRGO’s shares are at -8.04% for the quarter and driving a 16.45% return over the course of the past year and is now at -4.61% since this point in 2018.  Right now the stock beta is 1.45. The average volatility for the week and month was at 1.93% and 1.83% respectively. There are 139.73M shares outstanding and 135.43M shares are floated in market.

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