Free Trial

HUTCHMED (LON:HCM) Sets New 1-Year Low - Should You Sell?

HUTCHMED logo with Medical background
Image from MarketBeat Media, LLC.

Key Points

  • Shares of HUTCHMED hit a new 52-week low, trading as low as GBX 191.98 and last at GBX 193 on volume of 35,840 shares (prior close GBX 198).
  • The stock is trading below its 50‑day (GBX 211.60) and 200‑day (GBX 215.37) moving averages and has a low P/E of 3.64 with a market capitalization of £1.66 billion.
  • HUTCHMED is a China‑focused oncology drug developer with three approved oncology medicines in China and listings on Nasdaq, HKEX and the London AIM market.
  • Five stocks we like better than HUTCHMED.

Shares of HUTCHMED (China) Limited (LON:HCM - Get Free Report) hit a new 52-week low during trading on Thursday . The stock traded as low as GBX 191.98 and last traded at GBX 193, with a volume of 35840 shares. The stock had previously closed at GBX 198.

HUTCHMED Stock Performance

The firm's fifty day moving average price is GBX 211.60 and its 200 day moving average price is GBX 215.37. The company has a current ratio of 4.96, a quick ratio of 2.97 and a debt-to-equity ratio of 7.91. The stock has a market capitalization of £1.66 billion, a price-to-earnings ratio of 3.64 and a beta of 0.45.

About HUTCHMED

(Get Free Report)

We are among the first global-focused novel drug discovery companies in China. Over the past two decades, we have established a fully integrated R&D platform with world-class discovery and development capabilities. Since inception, we have focused on bringing cancer drug candidates from in-house discovery to patients around the world, with our first three oncology medicines now approved marketed in China, the first of which is also marketed in the U.S. We have also developed a profitable commercial platform with deep pan-China market access, which manufactures, markets and distributes our novel oncology products, as well as prescription drugs and consumer health products in China. HUTCHMED is listed on the Nasdaq Global Select Market, the Stock Exchange of Hong Kong Limited and the London Stock Exchange's AIM market (Nasdaq/AIM:HCM; HKEX:13).

See Also

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in HUTCHMED Right Now?

Before you consider HUTCHMED, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and HUTCHMED wasn't on the list.

While HUTCHMED currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Reduce the Risk Cover

Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Click the link to learn more about using beta to protect your portfolio.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines