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bioMérieux (OTCMKTS:BMXMF) Stock Price Crosses Below 50-Day Moving Average - Should You Sell?

bioMérieux logo with Medical background

Shares of bioMérieux S.A. (OTCMKTS:BMXMF - Get Free Report) crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $116.05 and traded as low as $110.57. bioMérieux shares last traded at $110.57, with a volume of 9 shares trading hands.

Wall Street Analyst Weigh In

Separately, UBS Group upgraded shares of bioMérieux to a "strong-buy" rating in a research note on Thursday, August 22nd.

Read Our Latest Stock Report on bioMérieux

bioMérieux Stock Down 3.8 %

The stock's fifty day simple moving average is $116.05 and its 200-day simple moving average is $107.54.

bioMérieux Company Profile

(Get Free Report)

bioMérieux SA develops and produces in vitro diagnostic solutions for the diagnosis of infectious diseases in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers systems that use biological samples, such as blood, saliva, urine, etc. for the diagnosis of infectious diseases, including bacterial infections, parasitic infections, and viral infections; and microbiological control of production or the production environment primarily for food, pharmaceutical, and cosmetic industries.

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