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Hikma Pharmaceuticals (OTCMKTS:HKMPF) Sees Strong Trading Volume - Here's What Happened

Hikma Pharmaceuticals logo with Medical background

Key Points

  • Hikma Pharmaceuticals experienced a significant increase in trading volume, with approximately 7,007 shares traded, representing a 342% rise from the prior session's volume.
  • BNP Paribas has initiated coverage with an "outperform" rating, while the consensus rating for Hikma Pharmaceuticals is currently a "Buy."
  • The stock is currently trading at $22.80, down 3.1% from its last close at $23.41, indicating some recent volatility in its market performance.
  • Five stocks we like better than Hikma Pharmaceuticals.

Hikma Pharmaceuticals Plc (OTCMKTS:HKMPF - Get Free Report) shares saw unusually-strong trading volume on Wednesday . Approximately 7,007 shares were traded during mid-day trading, an increase of 342% from the previous session's volume of 1,584 shares.The stock last traded at $22.80 and had previously closed at $23.41.

Hikma Pharmaceuticals Trading Down 2.1%

The business has a fifty day simple moving average of $25.70 and a 200 day simple moving average of $26.51. The company has a quick ratio of 0.72, a current ratio of 1.24 and a debt-to-equity ratio of 0.33.

About Hikma Pharmaceuticals

(Get Free Report)

Hikma Pharmaceuticals PLC develops, manufactures, markets, and sells a range of generic, branded, and in-licensed pharmaceutical products. It operates through three segments: Injectables, Generics, and Branded. The Injectables segment provides generic injectable products primarily for use in hospitals.

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