Beximco Pharmaceuticals (LON:BXP) Share Price Crosses Above Fifty Day Moving Average – Should You Sell?

Beximco Pharmaceuticals Limited (LON:BXPGet Free Report) shares crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 42 and traded as high as GBX 43. Beximco Pharmaceuticals shares last traded at GBX 43, with a volume of 73,616 shares trading hands.

Beximco Pharmaceuticals Stock Performance

The firm has a market capitalization of £191.83 million, a price-to-earnings ratio of 0.03 and a beta of 0.61. The company has a debt-to-equity ratio of 12.47, a quick ratio of 0.37 and a current ratio of 2.13. The stock’s fifty day moving average is GBX 42 and its two-hundred day moving average is GBX 41.92.

About Beximco Pharmaceuticals

(Get Free Report)

Beximco Pharma is a leading manufacturer and exporter of medicines based in Bangladesh. Incorporated in 1976, the Company started its operation by importing products from Bayer, Germany and Upjohn, USA and selling them in the local market. In 1980, Beximco Pharma began manufacturing of these products under licensing arrangement and in 1983 launched its own formulation brands.

Further Reading

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