Basilea Pharmaceutica (OTCMKTS:BPMUF) Sets New 52-Week High – Still a Buy?

Basilea Pharmaceutica AG (OTCMKTS:BPMUFGet Free Report)’s share price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $77.40 and last traded at $77.40, with a volume of 100 shares. The stock had previously closed at $64.70.

Basilea Pharmaceutica Trading Up 18.2%

The company has a current ratio of 5.11, a quick ratio of 4.68 and a debt-to-equity ratio of 0.59. The business’s 50 day simple moving average is $61.48 and its 200 day simple moving average is $66.67.

Basilea Pharmaceutica Company Profile

(Get Free Report)

Basilea Pharmaceutica AG is a Swiss biopharmaceutical company headquartered in Basel, specializing in the development and commercialization of innovative treatments for hospital‐treated diseases. The company’s research is focused primarily on anti‐infectives and oncology, with a portfolio that spans both marketed products and early‐ to late‐stage pipeline candidates. Basilea leverages medicinal chemistry expertise to address critical medical needs in fungal infections, bacterial infections and cancer.

Among its lead products is isavuconazole, a broad‐spectrum antifungal agent marketed under the trade name Cresemba.

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