Insulet Corporation (Nasdaq:PODD) Breaks 52 Week High Record Of $116.41

PODD
PODD

Insulet Corporation (Nasdaq:PODD)

June 12th, 2019

Amidst falling markets Insulet Corporation closed Wednesday up 5.54%, a $6.08 increase to close on $115.85. Furthermore it hit a new 52 week high of $116.41.

PODD outperformed the rest of the Healthcare sector which went up 0.51% today.

Analysis results from 18 analysts indicates that Insulet Corporation could drop somewhat (-6.21%), while Finbox has calculated (with high uncertainty) a fair value price of $89.42.

Market Sectors

The market sectors were mixed Wednesday with a majority of the sectors trending up. Utilities saw the biggest increase of the day (1.33%), while the Energy sector saw the biggest drop (-1.44%). Information Technology has seen the biggest year-to-date gain of 23.77%.

Energy and Financials saw turn-arounds from their five day positive performances with Energy dropping -1.44%.

Sector Breakdown

  • Utilities, up 1.33%.
  • Healthcare, up 0.51%.
  • Materials, up 0.31%.
  • Real Estate, up 0.26%.
  • Industrials, up 0.20%.
  • Consumer Staples, up 0.04%.
  • Consumer Discretionary, down -0.11%.
  • Communication Services, down -0.28%.
  • Information Technology, down -0.58%.
  • Financials, down -0.95%.
  • Energy, down -1.44%.

Insulet Corporation Info

Insulet Corporation develops, manufactures, and sells insulin delivery systems for people with insulin-dependent diabetes. The company offers Omnipod System, which consists of self-adhesive disposable tubeless Omnipod device (the pod) that delivers insulin into the body; and Personal Diabetes Manager, a handheld wireless device, which programs the Pod. It sells its products primarily through independent distributors and pharmacy channels, as well as directly in the United States, Canada, Europe, Israel, and internationally. Insulet Corporation was founded in 2000 and is headquartered in Acton, Massachusetts.

All amounts in USD unless otherwise indicated

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PODD daily update

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