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bioMerieux (OTCMKTS:BMXMF) Shares Gap Down - Time to Sell?

bioMerieux logo with Medical background

Key Points

  • bioMerieux shares opened significantly lower at $140.25 after closing at $147.20, reflecting a gap down in trading.
  • Royal Bank Of Canada downgraded the stock from a "moderate buy" rating to a "hold" rating, contributing to the mixed market sentiment around bioMerieux.
  • The company's recent stock performance shows a 4.7% decrease and an average rating of "Hold" according to MarketBeat data.
  • Looking to export and analyze bioMerieux data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

bioMerieux (OTCMKTS:BMXMF - Get Free Report) shares gapped down prior to trading on Friday . The stock had previously closed at $147.20, but opened at $140.25. bioMerieux shares last traded at $140.25, with a volume of 50 shares trading hands.

Wall Street Analyst Weigh In

Separately, Royal Bank Of Canada cut shares of bioMerieux from a "moderate buy" rating to a "hold" rating in a research note on Wednesday, May 7th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, bioMerieux presently has an average rating of "Hold".

View Our Latest Research Report on BMXMF

bioMerieux Trading Down 4.7%

The business's fifty day moving average is $143.99 and its 200 day moving average is $133.36. The company has a current ratio of 2.20, a quick ratio of 1.29 and a debt-to-equity ratio of 0.08.

bioMerieux Company Profile

(Get Free Report)

bioMérieux SA develops and produces in vitro diagnostic solutions for the diagnosis of infectious diseases in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers systems that use biological samples, such as blood, saliva, urine, etc. for the diagnosis of infectious diseases, including bacterial infections, parasitic infections, and viral infections; and microbiological control of production or the production environment primarily for food, pharmaceutical, and cosmetic industries.

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