Pharma Mar (OTCMKTS:PHMMF) Reaches New 12-Month High – Still a Buy?

Pharma Mar, S.A. (OTCMKTS:PHMMFGet Free Report)’s stock price reached a new 52-week high during trading on Tuesday . The company traded as high as $71.20 and last traded at $71.20, with a volume of 200 shares trading hands. The stock had previously closed at $52.54.

Wall Street Analyst Weigh In

Separately, Chardan Capital raised Pharma Mar to a “strong-buy” rating in a report on Thursday, August 1st.

Get Our Latest Analysis on PHMMF

Pharma Mar Stock Performance

The company has a 50 day moving average price of $45.78 and a two-hundred day moving average price of $36.37.

About Pharma Mar

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Pharma Mar, SA, a biopharmaceutical company, engages in the research, development, production, and commercialization of bio-active principles for the use in oncology in Spain, Italy, Germany, Ireland, France, rest of the European Union, the United States, and internationally. The company operates through Oncology and RNA Interference segments.

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