AbbVie Inc Looking to test all time highs (NYSE:ABBV)

by Josh
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AbbVie Inc ($ABBV) broke of the coil pattern (symmetrical triangle yesterday) and is continuing the upside breakout today. AbbVie Inc is up 3.23% at $47.29 on a volume of 3,223,870 shares.

Shares look poised to test their all time high of $48 set back in May. Shares are trading above both the 200 day and 50 day moving average, providing a bullish backdrop to the price action.

52 Week Range $32.51-$48.00
Market Cap 75,077,977,225
Average Volume 3,653,836
Dividend Yield 3.49%
Institutional Ownership 68.90%
Insider Ownership: 0.00%
Percentage of Float Short 0.60%
Beta 2.05

AbbVie Inc AbbVie Inc is a research-based biopharmaceutical company. Its products are used to treat diseases including rheumatoid arthritis, psoriasis, Crohn’s disease, HIV, cystic fibrosis complications.

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