CSL (OTCMKTS:CSLLY) Hits New 52-Week Low – Here’s Why

CSL Limited Sponsored ADR (OTCMKTS:CSLLYGet Free Report) reached a new 52-week low during mid-day trading on Monday . The company traded as low as $17.7765 and last traded at $18.1350, with a volume of 2722 shares. The stock had previously closed at $21.81.

Wall Street Analysts Forecast Growth

Separately, Royal Bank Of Canada downgraded CSL from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, February 11th. One research analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, CSL presently has a consensus rating of “Moderate Buy”.

Check Out Our Latest Analysis on CSL

CSL Price Performance

The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.15 and a current ratio of 2.57. The business has a 50-day simple moving average of $25.99 and a two-hundred day simple moving average of $47.75.

CSL Company Profile

(Get Free Report)

CSL Limited (OTCMKTS: CSLLY) is a global biotechnology company headquartered in Melbourne, Australia that develops, manufactures and delivers a range of plasma-derived and recombinant therapeutics, vaccines and related services. Its principal businesses include CSL Behring, which focuses on specialty biotherapies for bleeding disorders, immune deficiencies, hereditary angioedema and other serious conditions; Seqirus, an influenza vaccine company formed following CSL’s acquisition of Novartis’ influenza vaccine business; and CSL Plasma, a network of plasma collection centers that supplies the raw material for many of its therapies.

The company’s product portfolio spans immunoglobulins, clotting factor concentrates, albumin and other protein-based treatments used in the management of chronic and acute rare diseases, as well as seasonal and pandemic influenza vaccines.

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