Basilea Pharmaceutica (OTCMKTS:BPMUF) Hits New 52-Week High at $60.05

Basilea Pharmaceutica AG (OTCMKTS:BPMUF) shares reached a new 52-week high on Wednesday . The stock traded as high as $60.05 and last traded at $60.05, with a volume of 35 shares trading hands. The stock had previously closed at $54.49.

Several equities analysts recently weighed in on BPMUF shares. Zacks Investment Research cut shares of Basilea Pharmaceutica from a “hold” rating to a “sell” rating in a research note on Friday, January 3rd. ValuEngine cut shares of Basilea Pharmaceutica from a “buy” rating to a “hold” rating in a research note on Wednesday.

The company’s 50-day simple moving average is $49.16 and its 200 day simple moving average is $43.11.

About Basilea Pharmaceutica (OTCMKTS:BPMUF)

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. It offers isavuconazole, an intravenous and oral azole antifungal drug for the treatment of invasive aspergillosis and mucormycosis in the United States, the European Union, and internationally under the Cresemba brand.

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