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Hikma Pharmaceuticals (OTCMKTS:HKMPF) Trading Down 1.2% - Here's Why

Hikma Pharmaceuticals logo with Medical background

Key Points

  • Hikma Pharmaceuticals shares experienced a decline of 1.2%, trading at $22.16 on Monday, with a total trading volume of 2,540 shares, a significant increase from the average of 1,198 shares.
  • The company's 50-day simple moving average is $25.59, while the 200-day simple moving average is $26.47, indicating a downward trend in stock valuation.
  • Hikma operates through three main segments: Injectables, Generics, and Branded pharmaceuticals, focusing primarily on generic injectable products for hospital use.
  • MarketBeat previews the top five stocks to own by November 1st.

Hikma Pharmaceuticals Plc (OTCMKTS:HKMPF - Get Free Report)'s stock price dropped 1.2% during mid-day trading on Monday . The company traded as low as $22.16 and last traded at $22.16. Approximately 2,540 shares were traded during mid-day trading, an increase of 112% from the average daily volume of 1,198 shares. The stock had previously closed at $22.42.

Hikma Pharmaceuticals Price Performance

The company has a quick ratio of 0.72, a current ratio of 1.24 and a debt-to-equity ratio of 0.33. The business's 50 day moving average price is $25.14 and its 200-day moving average price is $26.34.

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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