Resmed Inc CHESS Depositary Interests on a ratio of 10 CDIs per ord.sh ( (AU:RMD) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
ResMed Inc’s CHESS Depositary Interests have surged following the announcement of a new dividend distribution, reflecting the company’s strong commitment to shareholder value. The impressive third-quarter financial results for fiscal year 2025, with an 8% revenue increase and a 14% rise in operating profit, were driven by strong customer demand for sleep devices and respiratory care solutions, as well as strategic expansions in connected digital health. These factors contributed to margin improvements and double-digit earnings per share growth, reinforcing the company’s robust financial health and market positioning. Despite these positive developments, some analysts have adjusted price targets downwards, possibly due to broader market conditions and recalibrated growth expectations.
More about Resmed Inc CHESS Depositary Interests on a ratio of 10 CDIs per ord.sh
YTD Price Performance: -10.66%
Average Trading Volume: 1,405,817
Technical Sentiment Signal: Hold
Current Market Cap: A$49.16B
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