Among the biggest risers on the S&P 500 on Wednesday January 13 was Patterson Companies Inc. ($PDCO), popping some 1.1% to a price of $33.19 a share with
some 837,939 shares trading hands.
Starting the day trading at $32.96, Patterson Companies Inc. reached an intraday high of $34.15 and hit intraday lows of $32.45. Shares gained $0.36 apiece by day’s end. Over the last 90
days, the stock’s average daily volume has been n/a of its 96.5 million share total float. Today’s action puts the stock’s 50-day SMA at $n/a and 200-day
SMA at $n/a with a 52-week range of $12.94 to $33.48.
Patterson is a leading dental distributor and wholesaler of consumable products and equipment operating through two business segments, Patterson Dental and Patterson Animal Health. The firm offers dental and veterinary practice management products, including office software products, technical, financial, and educational services, primarily to two highly fragmented market segments throughout the U.S. and Canada. The company began as a dental distributor in 1877 and expanded to become a major supplier of animal health products to vets and production companies through an acquisition of Animal Health International in 2015. Patterson also has a presence in the U.K. animal health market.
Patterson Companies Inc. has its corporate headquarters located in Saint Paul, MN and employs 7,800 people. Its market cap has now risen to $3.2 billion after today’s trading, its P/E
ratio is now n/a, its P/S n/a, P/B 3.6, and P/FCF n/a.
You can find a complete fundamental analysis of this stock at our For a complete fundamental analysis analysis of Patterson Companies Inc., check out Stock Valuation Analysis tool for PDCO.
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The Dow Jones Industrial Average (DJIA) is the most visible stock index in the United States, but that doesn’t make it the best. In fact, the industry standard for market watchers and institutional
investors in gauging portfolio performance is the S&P 500.
The DJIA relies on just 30 stocks as a sample of large- and mega-cap firms, dwarfed by the 500 contained in the S&P 500, and it also weights its returns using an outdated and flawed price-weighting
method. The S&P 500’s weighting is based on market cap, making it a much better representation of actual market performance for large- and mega-cap stocks.
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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