Recordati Industria Chimica e Farmaceutica S.p.A. (OTCMKTS:RCDTF - Get Free Report) reached a new 52-week high during trading on Friday . The company traded as high as $65.44 and last traded at $65.44, with a volume of 300 shares trading hands. The stock had previously closed at $49.00.
Recordati Industria Chimica e Farmaceutica Price Performance
The company has a market capitalization of $13.50 billion, a price-to-earnings ratio of 32.72 and a beta of 0.17. The business's 50 day simple moving average is $54.50 and its 200 day simple moving average is $54.66.
About Recordati Industria Chimica e Farmaceutica
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Recordati Industria Chimica e Farmaceutica S.p.A., together with its subsidiaries, engages in the research, development, manufacture, and marketing of pharmaceuticals worldwide. The company operates through Specialty and Primary Care and Rare Diseases segments. Its product pipeline includes REC 0559 which is in Phase II for the treatment of Neurotrophic Keratitis; REC 0545 for acute decompensation in maple syrup urine diseases; ISTURISA for endogenous Cushing's syndrome; and CYSTADROPS, an corneal cystine deposits in patients with cystinosis.
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