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bioMérieux (OTCMKTS:BMXMF) Shares Pass Above Fifty Day Moving Average - Time to Sell?

bioMérieux logo with Medical background

Shares of bioMérieux S.A. (OTCMKTS:BMXMF - Get Free Report) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $127.45 and traded as high as $136.40. bioMérieux shares last traded at $129.73, with a volume of 22 shares traded.

Analysts Set New Price Targets

Separately, Royal Bank of Canada lowered shares of bioMérieux from a "moderate buy" rating to a "hold" rating in a research note on Wednesday, May 7th.

View Our Latest Analysis on BMXMF

bioMérieux Price Performance

The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.20 and a current ratio of 2.21. The stock has a 50 day simple moving average of $127.81 and a 200-day simple moving average of $117.29.

bioMérieux 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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