During pre-market hours, Walgreens Boots Alliance Inc. (WBA) dropped -0.15% at $46.75. WBA stock ended its last trading session at $46.72 after losing -0.91%. The price range in the WBA stock was $46.77-$47.49. WBA stock traded 5.12 million shares, which was in line with its daily average of 5.76 million shares over 100 days.
In the last five days, WBA shares have gained 1.65%, and in the last month, they have lost -10.24%. There is currently a 3.99% dividend yield on WBA. The current price-to-earnings ratio for WBA is 20.22, while the current price-to-book ratio is 1.83. WBA also had a price to cash flow ratio of 12.32. WBA stock is seemed to be continuing the fall even after expanding its strategic partnership.
WBA Stock has expanded which partnership?
Walgreens Boots division distributes medicines, along with providing high-quality care to millions of people around the globe every day. By providing customers and patients with convenient retail locations, digital platforms, and health and beauty products, WBA is meeting their needs for more than 170 years.
In addition to equity method investments, WBA operates more than 21,000 stores in more than 25 countries and employs over half a million people. WBA adheres to the principles-based approach to a responsible business established by the United Nations Global Compact.
As Part of its partnership with VillageMD, Walgreen’s Boots and VillageMedical announced last week they would open new Village Medical at Walgreen’s practices throughout Indiana, including Merrillville, Griffith, Portage, and South Bend this year.
- With the intent to open hundreds more Village Medical at WBA over the next four years, the strategic partnership is on schedule to meet its overall goal of opening at least 600 Village Medical at WBA in more than 30 US markets.
- It is part of a $1 billion accelerated investment announced in January 2021 to provide high-quality healthcare to patients through a coordinated care delivery model, which includes Village Medical physicians and WBA pharmacy services.
- With physicians and pharmacists working together, patients benefit from improved health outcomes and reduced health-care costs.
- The convenience of being able to access pharmacy and primary care all in one place helps patients take the right medication and doses at the right time, and removes barriers to accessing both.
How the collaboration will work?
Village Medical at Walgreens (WBA) locations accept a wide range of health insurance options and provide comprehensive primary care and complementary pharmacy services to care for the whole person. Patients can receive care and support through in-person, at-home, or telehealth visits provided by WBA’s collaboration.
