Pharming Group (PHGUF) Rating Lowered to Sell at ValuEngine
Pharming Group (OTCMKTS:PHGUF) was downgraded by equities researchers at ValuEngine from a “hold” rating to a “sell” rating in a report issued on Friday.
Several other equities analysts have also commented on PHGUF. HC Wainwright reiterated a “buy” rating on shares of Pharming Group in a research report on Thursday, October 26th. Zacks Investment Research upgraded shares of Pharming Group from a “hold” rating to a “buy” rating and set a $1.00 price objective for the company in a research report on Friday, October 27th.
Shares of Pharming Group (OTCMKTS PHGUF) traded up $0.01 during trading hours on Friday, hitting $1.45. 10,000 shares of the company were exchanged, compared to its average volume of 44,699. The company has a debt-to-equity ratio of 11.72, a current ratio of 1.77 and a quick ratio of 1.27. Pharming Group has a 12-month low of $0.25 and a 12-month high of $1.58.
Pharming Group NV (Pharming) is a Netherlands-based biotechnology company. The Company operates through two business segments, including Recombinant proteins, and DNage. Pharming focuses on the development, production and commercialization of human therapeutic proteins to be used as innovative therapies.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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