Basilea Pharmaceutica (OTCMKTS:BPMUF) Hits New 52-Week High – Here’s What Happened

Basilea Pharmaceutica AG (OTCMKTS:BPMUFGet Free Report) shares reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $52.83 and last traded at $52.83, with a volume of 0 shares traded. The stock had previously closed at $52.83.

Wall Street Analyst Weigh In

Separately, HC Wainwright raised Basilea Pharmaceutica to a “strong-buy” rating in a research report on Monday, September 23rd.

Check Out Our Latest Report on BPMUF

Basilea Pharmaceutica Price Performance

The company has a fifty day moving average price of $51.95 and a 200-day moving average price of $49.11.

Basilea Pharmaceutica Company Profile

(Get Free Report)

Basilea Pharmaceutica AG, a commercial-stage biopharmaceutical company, focuses on the development of products that address the medical needs in the therapeutic areas of oncology and anti-infectives. The company offers Cresemba, an intravenous and antifungal drug for the treatment of invasive aspergillosis and mucormycosis in the United States, and the European Union.

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