Hikma Pharmaceuticals (OTCMKTS:HKMPY) Trading Down 0.6% – Here’s What Happened

Hikma Pharmaceuticals PLC (OTCMKTS:HKMPYGet Free Report)’s stock price fell 0.6% on Tuesday . The company traded as low as $47.21 and last traded at $47.21. 203 shares traded hands during mid-day trading, a decline of 72% from the average session volume of 717 shares. The stock had previously closed at $47.50.

Hikma Pharmaceuticals Stock Performance

The company’s fifty day moving average price is $49.99 and its two-hundred day moving average price is $50.13.

Hikma Pharmaceuticals Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, September 30th. Shareholders of record on Tuesday, August 20th were issued a $0.62 dividend. The ex-dividend date of this dividend was Monday, August 19th. This represents a yield of 2.98%. Hikma Pharmaceuticals’s dividend payout ratio (DPR) is presently 10.34%.

About Hikma Pharmaceuticals

(Get Free Report)

Hikma Pharmaceuticals PLC develops, manufactures, markets, and sells a range of generic, branded, and in-licensed pharmaceutical products. It operates through three segments: Injectables, Generics, and Branded. The Injectables segment provides generic injectable products primarily for use in hospitals.

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