Abbott Laboratories (ABT) is Trading Lower on Unusual Volume for December 21

Equities Staff |

Abbott Laboratories (ABT) experienced unusually high volume on Dec. 21, as the stock lost 3.45% to a closing price of $43.70. The stock saw 13.04 million shares trade hands over the course of the day on 64,001 trades. Given that the stock’s average daily volume over the last month has been 5.91 million shares a day, this represents a pretty substantial spike over the norm.

Abbott Laboratories has a P/B ratio of 3.09. It also has a P/E ratio of 14.6. The stock has traded between $51.74 and $39.00 over the last 52-weeks, its 50-day SMA is now $44.41, and its 200-day SMA $46.20.

Abbott Laboratories discovers, develops, manufactures and sells health care products. Its products include branded generic pharmaceuticals manufactured internationally, marketed and sold outside the United States.

Headquartered in Abbott Park, IL, Abbott Laboratories has 77,000 employees and is currently under the leadership of CEO Miles D. White.

For a complete fundamental analysis analysis of Abbott Laboratories, check out’s Stock Valuation Analysis report for ABT. To see the latest independent stock recommendations from’s analysts, visit our Research section.


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All data provided by QuoteMedia and was accurate as of 4:30PM ET.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:


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