Saturday, August 24, 2019
An analysis of GSK and the pharma industry Coursework
An analysis of GSK and the pharma industry - Coursework Example This is for the period of the last two years. For example, the share prices of GSK as of July 2014 were 1,568 pounds, and this was an increase of 4 pounds from the previous share prices of 1564 pounds in June (GSK.L Historical Prices, 2014). It is important to explain that its stock price between the periods of September 2013 to May 2014 was fluctuating in nature. For example, in September 2013, the closing share price of the company was 1,557 pounds, while in December 2013 the closing share prices were 1,611 (GSK.L Historical Prices, 2014). It is important to denote that during this period, the share prices of the company were on a steady increase. However, during the months of January and February 2014, there was a significant drop in the share prices of GSK, with the closing share of the company in January standing at 1, 564, and in February the stock price increased to 1671. These fluctuating share prices were experienced during the periods of March to July 2014 (GSK.L Historical Prices, 2014). It is important to denote that the share prices of GSK between July 2013 to July 2014 was a significant increase from the previous share prices of GSK between July 2012 to July 2013. For example, the closing share price of the company in the month of July 2012 was 1,468 pounds; on the other hand, the closing share price of the company in July 2013 was 1,684 (GSK.L Historical Prices, 2014). This is a significant increase of about 216 pounds. It is important to denote that during this period of July 2013 to July 2013, the share prices of the company traded at very low prices, with the lowest closing price being 1,334 pounds. This was t he closing share price of November 2012(GSK.L Historical Prices, 2014). This was partly because of the medical scandals that affected the company. Despite these scandals, the share prices of the company increased steadily during these two years of
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