NasdaqGS:INCYBiotechs
Assessing Incyte (INCY) Valuation After Strong 1 Year Return And Recent Share Price Cooldown
Context for Incyte’s recent share performance
Incyte (INCY) has been trading quietly. The stock is down around 1% over the past week and past month, and about 3% lower over the past 3 months, despite solid trailing 1 year returns.
See our latest analysis for Incyte.
That recent 2.8% 3 month share price decline contrasts with a 35.7% 1 year total shareholder return. This suggests that momentum has cooled lately, even though longer term holders have still seen gains.
If Incyte’s recent moves...