HUTCHMED - HCM Share Forecast, Price & News

HUTCHMED (China) Limited discovers, develops, and commercializes targeted therapeutics and immunotherapies for cancer and immunological diseases in HongKong and internationally. It operates in Oncology/Immunology and Other Ventures segments. The company develops Savolitinib, an inhibitor for non-small cell lung cancer (NSCLC), papillary and renal cell carcinoma, colorectal cancer (CRC), and gastric cancer (GC); and Fruquintinib, an inhibitor for CRC, breast cancer, GC, endometrial cancer (EMC), NSCLC, hepatocellular carcinoma, and gastrointestinal and solid tumors. It also develops Surufatinib, an inhibitor for neuroendocrine tumors (NET), pancreatic NET, non-pancreatic NET, biliary tract cancer, sarcoma, neuroendocrine neoplasm, esophageal cancer, small cell lung cancer, GC, thyroid cancer, EMC, NSCLC, and solid tumors; HMPL-523, a spleen tyrosine kinase inhibitor for hematological cancers and certain chronic immune diseases; and HMPL-689 for isoform PI3Kd (phosphoinositide 3'-kinase delta). In addition, it develops Tazemetostat, an inhibitor of EZH2 for the treatment of certain epithelioid sarcoma and follicular lymphoma patients; HMPL-306, an inhibitor for hematological malignancies, gliomas, and solid tumors; HMPL-760, an Bruton's tyrosine kinase inhibitor; HMPL-453, an inhibitor for intrahepatic cholangiocarcinoma; HMPL-295 for solid tumors; HMPL-653 for metastatic solid tumors and tenosynovial giant cell tumors; and Epitinib (HMPL-813) and Theliatinib (HMPL-309) inhibitors. It has collaboration agreements with AstraZeneca AB (publ), Lilly (Shanghai) Management Company Limited, BeiGene, Inmagene Biopharmaceuticals Co. Ltd., Innovent Biologics Co., Inc., Genor Biopharma Co. Ltd., Shanghai Junshi Biosciences Co. Ltd., and Epizyme, Inc. The company was formerly known as Hutchison China MediTech Limited and changed its name to HUTCHMED (China) Limited in May 2021. The company was incorporated in 2000 and is headquartered in Central, Hong Kong.

HUTCHMED Stock Down 5.4 %

LON:HCM traded down GBX 12.50 ($0.15) during midday trading on Tuesday, hitting GBX 217.50 ($2.63). 79,632 shares of the company traded hands, compared to its average volume of 118,166. The company has a debt-to-equity ratio of 3.75, a current ratio of 3.89 and a quick ratio of 3.73. The company has a market cap of £1.88 billion and a PE ratio of -10.82. HUTCHMED has a 52 week low of GBX 137.80 ($1.67) and a 52 week high of GBX 621 ($7.50). The company's 50-day simple moving average is GBX 203.85 and its 200-day simple moving average is GBX 260.61.

Analyst Ratings Changes

Several analysts have issued reports on HCM shares. Citigroup reaffirmed a "buy" rating and set a GBX 220 ($2.66) target price on shares of HUTCHMED in a research report on Thursday, June 23rd. Barclays reaffirmed an "equal weight" rating and set a GBX 100 ($1.21) target price on shares of HUTCHMED in a research report on Tuesday, July 19th.