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UCB (OTCMKTS:UCBJY) Reaches New 1-Year High - Time to Buy?

UCB logo with Medical background

Key Points

  • UCB SA shares reached a new 52-week high of $141.80, marking significant gains from a previous close of $134.02.
  • Analysts have given UCB a "strong-buy" rating, with upgrades from both Goldman Sachs and Zacks Research indicating positive sentiment among market experts.
  • The company's financial metrics reflect stability, with a current ratio of 1.36 and a low debt-to-equity ratio of 0.30, suggestive of strong liquidity management.
  • MarketBeat previews the top five stocks to own by October 1st.

UCB SA (OTCMKTS:UCBJY - Get Free Report) shares hit a new 52-week high on Tuesday . The stock traded as high as $141.80 and last traded at $141.79, with a volume of 86380 shares trading hands. The stock had previously closed at $134.02.

Analyst Upgrades and Downgrades

UCBJY has been the subject of several analyst reports. The Goldman Sachs Group upgraded UCB to a "strong-buy" rating in a report on Wednesday, July 16th. Zacks Research upgraded UCB from a "hold" rating to a "strong-buy" rating in a report on Friday, August 29th. Two analysts have rated the stock with a Strong Buy rating, Based on data from MarketBeat.com, the stock presently has an average rating of "Strong Buy".

Read Our Latest Stock Report on UCB

UCB Price Performance

The company has a current ratio of 1.36, a quick ratio of 0.99 and a debt-to-equity ratio of 0.30. The business's 50-day moving average is $114.59 and its two-hundred day moving average is $99.07.

About UCB

(Get Free Report)

UCB SA, a biopharmaceutical company, develops products and solutions for people with neurology and immunology diseases worldwide. The company's primary products include Cimzia for inflammatory TNF mediated diseases, as well as ankylosing spondylitis, axial spondyloarthritis, Crohn's disease, non-radiographic axial spondyloarthritis, plaque psoriasis, psoriatic arthritis, and rheumatoid arthritis; Vimpat, Keppra, and Briviact for epilepsy; Neupro for Parkinson's disease and restless legs syndrome; Nayzilam, a nasal spray rescue treatment for epilepsy seizure clusters; and Zyrtec and Xyzal for allergies.

Further Reading

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