Which company has the highest stock price in Australia?

 


COVID-19 times have been an exacting phase for businesses in Australia as well as across the globe. However, certain spheres, such as healthcare, have managed to make tremendous gains while others were in a tight spot. The metrics of the money market too reflect a similar picture for the healthcare industry, particularly for its giants such as ASX-listed CSL Limited.

In mid-June 2021, CSL share price climbed over AU$300 for the first time in 2021. With this share price increase, CSL became Australia's priciest stock. Also, CSL shares had hit a 52-week high of AU$320.856 in November last year.

As of 14 July 2021, CSL stock was trading at AU$279.6 at AEST 3:20PM and the company has a market capitalisation of AU$127.21 billion.

Detailed Discussion at: Most expensive stock on the ASX: CSL Limited shares shoot past AU$300

Image source: © Rcmathiraj | Megapixl.com

CSL Limited – The ASX 200-listed biotechnology player

CSL, a leading multinational biotech company, has been a key performer in the pharmaceuticals, biotechnology & life sciences industry in Australia and on the global dais during the pandemic. It is one of the largest and fastest-growing protein-based biotechnology businesses globally.

With its expertise in developing in-licensed vaccines for rare and serious diseases and influenza, the company has been serving people in more than 35 countries across the world. It is also involved in manufacturing and marketing of pharmaceutical and diagnostic products, cell culture media and human plasma fractions.

Headquartered in Australia, the company includes CSL Behring, incorporating CSL Plasma, which runs over 270 plasma collection centres across Europe and North America. Its other division, Seqirus has manufacturing plants in the US, UK, Germany, and Australia. 


Read More: https://kalkinemedia.com/au/stocks/healthcare/which-company-has-the-highest-stock-price-in-australia

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