ResMed Stock Price Goes Up Again

MarketWise reported more good news for the stock price of San Diego-based ResMed Inc. According to financial writer Alex Larose, shares were being traded near the 52-week high of $60.16. The stock closed last trading session at $59.83, with a volume of 1,778,001 shares against an average volume for the last 30 days of 942,838.

Larose writes that the “company’s share price has outperformed the S&P 500 year to date by over 8.62%. The company is currently valued at $8.34 billion and closed the last trading session at $59.83. The stock has 50-day moving average of $54.37 and a 200-day moving average of $51.16.”

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