Basilea Pharmaceutica (OTCMKTS:BPMUF) Shares Up 13.1% – Here’s Why

Basilea Pharmaceutica AG (OTCMKTS:BPMUFGet Free Report)’s stock price shot up 13.1% during mid-day trading on Friday . The stock traded as high as $57.70 and last traded at $57.70. 22 shares changed hands during trading, a decline of 78% from the average session volume of 100 shares. The stock had previously closed at $51.00.

Basilea Pharmaceutica Price Performance

The company has a debt-to-equity ratio of 5.70, a quick ratio of 3.27 and a current ratio of 4.10. The firm has a 50-day moving average of $49.42 and a 200-day moving average of $51.70.

Basilea Pharmaceutica Company Profile

(Get Free Report)

Basilea Pharmaceutica AG, a commercial-stage biopharmaceutical company, focuses on the development of products that address the medical needs in the therapeutic areas of oncology and anti-infectives. The company offers Cresemba, an intravenous and antifungal drug for the treatment of invasive aspergillosis and mucormycosis in the United States, and the European Union.

Further Reading

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