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Beximco Pharmaceuticals (LON:BXP) Share Price Crosses Above 50 Day Moving Average - What's Next?

Beximco Pharmaceuticals logo with Medical background

Beximco Pharmaceuticals Limited (LON:BXP - Get Free Report) passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 36.97 ($0.50) and traded as high as GBX 39.78 ($0.53). Beximco Pharmaceuticals shares last traded at GBX 39.77 ($0.53), with a volume of 38,098 shares trading hands.

Beximco Pharmaceuticals Price Performance

The company has a debt-to-equity ratio of 12.47, a current ratio of 2.13 and a quick ratio of 0.37. The stock has a market capitalization of £26.93 billion, a P/E ratio of 4.24 and a beta of 0.61. The company's 50 day simple moving average is GBX 37.07 and its two-hundred day simple moving average is GBX 37.74.

Beximco Pharmaceuticals Company Profile

(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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