Monday, July 9, 2007

King Pharmaceuticals

King Pharmaceuticals is among the world’s largest Pharmaceuticals sector businesses in the world.  King Pharmaceuticals’s employees generate $354.2M in profits on $2.020B of revenue.  Global output in the Pharmaceuticals business will likely rise substantially over the next 10 years.  Long-term economic growth may lift all boats, but King Pharmaceuticals is determined to remain a market leader.  Sectoral leadership in the Pharmaceuticals segment takes dedication and consistency, but management seeks out-sized growth.

King Pharmaceuticals’s ticker symbol KG has recently been trading near $20.66 a share.  The King Pharmaceuticals corporate headquarters in Bristol TN predicts Pharmaceuticals profits will satisfy shareholders in search of risk-appropriate returns.

The significance of market volume is sometimes ignored, but with a total market capitalization of $5.034B ensures sufficient liquidity.  With a beta of 0.85, the company is less volatile than the market as a whole.  When the average equity moves lower, King Pharmaceuticals moves less aggressively.

0 comments: