Hikma Pharmaceuticals PLC (LON:HIK - Get Free Report) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 2,054.18 ($27.58) and traded as high as GBX 2,086 ($28.00). Hikma Pharmaceuticals shares last traded at GBX 2,068.16 ($27.76), with a volume of 410,972 shares.
Wall Street Analyst Weigh In
Several research analysts have weighed in on HIK shares. Berenberg Bank restated a "buy" rating and set a GBX 2,560 ($34.37) price objective on shares of Hikma Pharmaceuticals in a report on Monday, March 10th. JPMorgan Chase & Co. restated an "overweight" rating on shares of Hikma Pharmaceuticals in a report on Friday, March 7th.
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Hikma Pharmaceuticals Stock Performance
The company has a debt-to-equity ratio of 55.82, a current ratio of 1.66 and a quick ratio of 1.27. The company's fifty day simple moving average is GBX 2,027.34 and its two-hundred day simple moving average is GBX 2,056.35. The stock has a market cap of £5.74 billion, a price-to-earnings ratio of 20.31, a P/E/G ratio of 2.38 and a beta of 0.41.
Insiders Place Their Bets
In other news, insider Victoria Hull sold 2,777 shares of the stock in a transaction dated Tuesday, April 8th. The shares were sold at an average price of GBX 1,800 ($24.16), for a total value of £49,986 ($67,104.31). Also, insider Said Darwazah sold 13,863 shares of the stock in a transaction dated Friday, May 30th. The shares were sold at an average price of GBX 2,138 ($28.70), for a total transaction of £296,390.94 ($397,893.60). Corporate insiders own 30.54% of the company's stock.
Hikma Pharmaceuticals Company Profile
(
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At Hikma we help put better health within reach, every day. By creating high-quality medicines and making them accessible to the people who need them, we help to shape a healthier world that enriches all our communities. We help deliver this by living our culture, delivering our strategy, and acting responsibly.
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