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Beximco Pharmaceuticals (LON:BXP) Stock Passes Above 50 Day Moving Average - What's Next?

Beximco Pharmaceuticals logo with Medical background

Beximco Pharmaceuticals Limited (LON:BXP - Get Free Report)'s share price passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 37.42 ($0.51) and traded as high as GBX 40 ($0.54). Beximco Pharmaceuticals shares last traded at GBX 40 ($0.54), with a volume of 35,010 shares changing hands.

Beximco Pharmaceuticals Stock Down 3.0%

The company has a 50-day simple moving average of GBX 37.39 and a 200 day simple moving average of GBX 37.34. The company has a market cap of £25.45 billion, a P/E ratio of 4.01 and a beta of 0.61. The company has a current ratio of 2.13, a quick ratio of 0.37 and a debt-to-equity ratio of 12.47.

About Beximco Pharmaceuticals

(Get Free Report)

Beximco Pharma is a leading manufacturer and exporter of medicines based in Bangladesh. Incorporated in 1976, the Company started its operation by importing products from Bayer, Germany and Upjohn, USA and selling them in the local market. In 1980, Beximco Pharma began manufacturing of these products under licensing arrangement and in 1983 launched its own formulation brands.

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