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Amgen (NASDAQ:AMGN) Sets New 1-Year High After Earnings Beat
['Trevor Kearing']
Daily Political
Shares of Amgen Inc. (NASDAQ:AMGN – Get Free Report) reached a new 52-week high during mid-day trading on Wednesday following a better than expected earnings announcement.
The medical research company reported $6.29 earnings per share for the quarter, beating the consensus estimate of $5.62 by $0.67.
Get Amgen alerts:Amgen Dividend AnnouncementThe company also recently announced a quarterly dividend, which will be paid on Friday, September 11th.
North Dakota State Investment Board raised its holdings in shares of Amgen by 0.3% during the 2nd quarter.
Amgen Price PerformanceThe stock has a market capitalization of $222.71 billion, a PE ratio of 28.72, a P/E/G ratio of 3.83 and a beta of 0.41.