GlaxoSmithKline, Vodafone Hit 3-Year Low Prices

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Dec 24, 2016
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GlaxoSmithKline PLC (GSK, Financial), Diageo PLC (DEO, Financial), Vodafone Group PLC (VOD, Financial) and National Grid PLC (NGG, Financial) have reached their three-year low prices.

GlaxoSmithKline PLC (GSK, Financial) reached $38.35

The prices of GlaxoSmithKline shares have declined to $38.35, which is only 3% above the three-year low of $37.20.

GlaxoSmithKline is a British pharmaceutical company. It is the world’s sixth largest pharmaceutical company as of 2015. The company’s drugs and vaccines earned over £21.3 billion in 2013, and its top-selling products included Advair, Avodart, Flovent and Lamictal.

GlaxoSmithKline has a market cap of $93.43 billion; its shares were traded around $38.35 with a P/E ratio of 253.08 and P/S ratio of 2.78. The trailing 12-month dividend yield of GlaxoSmithKline stocks is 5.44%. The forward dividend yield of GlaxoSmithKline stocks is 4.85%. GlaxoSmithKline had an annual average earnings growth of 1.70% over the past 10 years.

In August, GSK announced that it was working on an experimental HIV drug. Now, the company has announced that the drug could be just as effective as existing drugs for HIV patients, but without the risk of toxic side effects. The drug, dolutegravir, is sold under the brand name Trivicay and may be as potent as more conventional three drug cocktails for treating HIV.

Diageo PLC (DEO, Financial) reached $103.39

The prices of Diageo shares have declined to $103.39, which is only 3.8% above the three-year low of $99.46.

Diageo is a British based international alcoholic beverages company. It is the world’s largest producer of spirits and a major producer of beer. The company’s brands include Smirnoff, Johnnie Walker, Baileys and Guiness. The company sells its products in over 180 countries and has offices based in over 80 countries.

Diageo has a market cap of $71.19 billion; its shares were traded around $103.39 with a P/E ratio of 22.96 and P/S ratio of 4.96. The trailing 12-month dividend yield of Diageo stocks is 3.01%. The forward dividend yield of Diageo stocks is 3.57%. Diageo had an annual average earnings growth of 6.10% over the past 10 years.

Vodafone Group PLC (VOD, Financial) reached $24.65

The prices of Vodafone Group shares have declined to $24.65, which is only 1.9% above the three-year low of $24.17.

Vodafone Group is a British based international telecommunications company. It was ranked fifth by revenue among mobile operator groups globally, and second in the number of connections. Vodafone operates networks in 26 countries and has partner networks in over 50 other countries.

Vodafone Group has a market cap of $65.47 billion; its shares were traded around $24.65 with and P/S ratio of 1.32. The trailing 12-month dividend yield of Vodafone Group stocks is 6.18%. The forward dividend yield of Vodafone Group stocks is 6.18%.

Vodafone Group has revenue of £40.97 billion, operating income of £1.37 billion, losses of £4.02 billion and total assets of £133.7 billion. The total equity of the company is £65.88 billion and it has 107,667 employees.

National Grid PLC (NGG, Financial) reached $58.20

The prices of National Grid shares have declined to $58.20, which is only 2.9% above the three-year low of $56.50.

National Grid is a British international electricity and gas utility company. Its main activities are in the U.K. and northeastern U.S. The company had a market capitalization of £40.4 billion in 2016.

National Grid has a market cap of $45.68 billion; its shares were traded around $58.20 with a P/E ratio of 17.16 and P/S ratio of 2.32. The trailing 12-month dividend yield of National Grid stocks is 5.13%. The forward dividend yield of National Grid stocks is 5.16%.

National Grid announced on Dec. 8 that it has entered into an agreement to sell a 61% equity interest in its U.K. gas distribution business to an association of long-term infrastructure investors. The consortium includes Macquarie Infrastructure and Real Assets, Allianz Capital Partners, Hermes Investment Management, CIC Capital Corporation and Qatar Investment Authority.

Disclosure: I do not own stock in any of the companies mentioned in the article.

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