Beximco Pharmaceuticals (LON:BXP) Share Price Crosses Above 50 Day Moving Average – What’s Next?

Beximco Pharmaceuticals Limited (LON:BXP)’s stock price crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 26.62 ($0.34) and traded as high as GBX 34.50 ($0.44). Beximco Pharmaceuticals shares last traded at GBX 32.50 ($0.42), with a volume of 90,171 shares traded.

Beximco Pharmaceuticals Trading Down 7.7 %

The firm has a market cap of £133.83 million, a P/E ratio of 406.25 and a beta of 0.61. The firm has a 50 day simple moving average of GBX 26.62 and a 200 day simple moving average of GBX 33.78. The company has a debt-to-equity ratio of 14.73, a quick ratio of 0.37 and a current ratio of 1.80.

Beximco Pharmaceuticals Company Profile

Beximco Pharmaceuticals Limited manufactures and markets generic pharmaceutical formulations and active pharmaceutical ingredients in Bangladesh. The company provides allergic disorder, analgesics and antipyretic, anti-infective, antiviral, cardiovascular, central nervous system, cough and cold, endocrine and diabetes, eye care, gastrointestinal, hormone and steroid, intravenous fluid, musculoskeletal, oncology, respiratory, urogenital, skin care, vitamin and mineral supplement, and other products, as well as contract manufacturing services to other companies.