One thing to remember is that even at the current price RMD is a $1.5 Billion company. It takes serious earnings to justify a market cap that high.
Perhaps RMD is falling back towards a more realistic valuation. They are growing strongly but even so for a small company the valuation is fairly high.
Resmed, page-4
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Last
$37.28 |
Change
0.200(0.54%) |
Mkt cap ! $22.38B | |||
| Open | High | Low | Value | Volume |
| $37.50 | $37.55 | $37.15 | $17.93M | 480.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3363 | $37.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $37.30 | 1001 | 2 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| RMD (ASX) Chart |
