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CSL (OTCMKTS:CSLLY) Hits New 52-Week Low - Time to Sell?

CSL logo with Medical background

Key Points

  • CSL Limited (OTCMKTS:CSLLY) shares have reached a new 52-week low at $63.58, with a recent trading price of $65.90.
  • Zacks Research has downgraded CSL's stock rating from "hold" to "strong sell", while the overall consensus rating remains a "Moderate Buy."
  • The company maintains a quick ratio of 1.12, a current ratio of 2.46, and a debt-to-equity ratio of 0.50, indicating a relatively stable financial position.
  • Five stocks we like better than CSL.

CSL Limited Sponsored ADR (OTCMKTS:CSLLY - Get Free Report) shares reached a new 52-week low on Tuesday . The company traded as low as $63.58 and last traded at $65.90, with a volume of 6768 shares trading hands. The stock had previously closed at $65.57.

Wall Street Analyst Weigh In

Separately, Zacks Research cut shares of CSL from a "hold" rating to a "strong sell" rating in a research note on Monday, September 15th. One analyst has rated the stock with a Strong Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, CSL has a consensus rating of "Moderate Buy".

Read Our Latest Report on CSL

CSL Stock Performance

The company has a quick ratio of 1.12, a current ratio of 2.46 and a debt-to-equity ratio of 0.50. The company's 50 day simple moving average is $77.51 and its 200-day simple moving average is $78.19.

About CSL

(Get Free Report)

CSL Limited researches, develops, manufactures, markets, and distributes biopharmaceutical and vaccines in Australia, the United States, Germany, the United Kingdom, Switzerland, China, Hong Kong, and internationally. The company operates through CSL Behring, CSL Seqirus, and CSL Vifor segments. The CSL Behring segment offers plasma products, gene therapies, and recombinants.

See Also

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