ResMed Inc. stock rises Wednesday, still underperforms market

MarketWatch Automation

Shares of ResMed Inc. /zigman2/quotes/204675483/composite RMD -0.82% inched 0.63% higher to $203.28 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX -1.10% rising 1.46% to 3,789.99 and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -0.60% rising 1.00% to 30,668.53. The stock's rise snapped a five-day losing streak. ResMed Inc. closed $98.06 below its 52-week high ($301.34), which the company achieved on September 9th.

The stock underperformed when compared to some of its competitors Wednesday, as Thermo Fisher Scientific Inc. /zigman2/quotes/201150432/composite TMO -0.74% rose 1.44% to $514.76, Medtronic PLC /zigman2/quotes/206816578/composite MDT -0.29% rose 0.98% to $89.35, and Koninklijke Philips N.V. ADR /zigman2/quotes/200778575/composite PHG -1.03% rose 3.53% to $22.61. Trading volume (703,101) eclipsed its 50-day average volume of 550,953.

Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

/zigman2/quotes/204675483/composite

Add to watchlist RMD

ResMed Inc.

US : U.S.: NYSE

$ 234.07

-1.93 -0.82%

Volume: 196,149

Aug. 19, 2022 1:17p

P/E Ratio

44.13

Dividend Yield

0.75%

Market Cap

$34.52 billion

Rev. per Employee

$438,496

/zigman2/quotes/210599714/realtime

Add to watchlist SPX

S&P 500 Index

US : S&P US

4,236.83

-46.91 -1.10%

Volume: 2.22B

Aug. 19, 2022 1:21p

/zigman2/quotes/210598065/realtime

Add to watchlist DJIA

Dow Jones Industrial Average

US : Dow Jones Global

33,795.00

-204.04 -0.60%

Volume: 320.97M

Aug. 19, 2022 1:21p

/zigman2/quotes/201150432/composite

Add to watchlist TMO

Thermo Fisher Scientific Inc.

US : U.S.: NYSE

$ 590.63

-4.38 -0.74%

Volume: 384,939

Aug. 19, 2022 1:18p

P/E Ratio

31.44

Dividend Yield

0.20%

Market Cap

$233.12 billion

Rev. per Employee

$329,385

/zigman2/quotes/206816578/composite

Add to watchlist MDT

Medtronic PLC

US : U.S.: NYSE

$ 94.96

-0.28 -0.29%

Volume: 2.05M

Aug. 19, 2022 1:21p

P/E Ratio

25.42

Dividend Yield

2.87%

Market Cap

$126.55 billion

Rev. per Employee

$333,537

/zigman2/quotes/200778575/composite

Add to watchlist PHG

Koninklijke Philips N.V. ADR

US : U.S.: NYSE

$ 18.70

-0.19 -1.03%

Volume: 971,087

Aug. 19, 2022 1:20p

P/E Ratio

4.95

Dividend Yield

4.15%

Market Cap

$16.70 billion

Rev. per Employee

$248,146