Eli Lilly (LLY) Stock Plunges Over 4% in Afternoon Trading: Key Numbers for Investors
Eli Lilly And Co (NYSE: LLY) is experiencing a sharp decline in its stock price during early afternoon trading on May 6, making it a significant point of focus for investors in the United States. The pharmaceutical major’s shares are under considerable selling pressure.
As of 1:30 PM GMT-4, Eli Lilly’s stock was trading at 782.75 USD. This marks a substantial drop of 38.71 USD, translating to a 4.71% loss for the current trading day. The stock began the session at 816.89 USD. Throughout the day’s trading thus far, LLY shares reached an intraday high of 818.42 USD but have since fallen to a low of 782.56 USD. This downward movement is notable compared to its previous closing price of 821.46 USD. The 1-day chart clearly depicts a steady and significant descent since the market opened.
Key financial metrics for Eli Lilly are also being closely analyzed amid this drop. The company’s market capitalization is currently 74.18KCr. Its Price to Earnings (P/E) ratio stands at 63.63. For investors who prioritize dividend income, Eli Lilly offers a dividend yield of 0.77%.
Looking at the stock’s performance over the past year, Eli Lilly has seen a 52-week high of 972.53 USD and a 52-week low of 677.09 USD. Today’s pronounced price decrease positions the stock considerably off its annual peak, though it remains above its yearly low. This substantial intraday movement is a key development being watched by the market.
