Pfizer Stock Surges 4.87%, Outperforming Sector and Sensex on December 30

Dec 30 2024 12:20 PM IST
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Pfizer Ltd. has been added to MarketsMojo's list following a recent adjustment in its evaluation. The stock demonstrated a strong performance, gaining for three consecutive days and significantly outperforming its sector. Despite some volatility, Pfizer's stock price remains above several key moving averages, indicating a positive trend in its market position.
Pfizer Ltd. has demonstrated a notable performance in the stock market, gaining 4.87% on December 30, 2024. The pharmaceutical giant outperformed its sector by 4.28%, reflecting a strong position amidst market fluctuations. Over the past three days, Pfizer's stock has shown a consistent upward trend, accumulating a total return of 6.04%.

On this particular trading day, the stock reached an intraday high of Rs 5112.4, marking a 5.15% increase. However, it experienced high volatility, with an intraday fluctuation of 5%, indicating significant price movements throughout the day.

In terms of moving averages, Pfizer's stock is currently above the 5-day, 20-day, and 200-day averages, yet remains below the 50-day and 100-day averages. Over the past month, the stock has faced a decline of 2.44%, contrasting with the Sensex's decrease of 1.09%. This performance highlights the dynamic nature of Pfizer's stock in the competitive pharmaceuticals and drugs industry.
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