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HUTCHMED (LON:HCM) Stock Price Crosses Below 200 Day Moving Average - Should You Sell?

HUTCHMED logo with Medical background

HUTCHMED (China) Limited (LON:HCM - Get Free Report)'s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 289.99 ($3.65) and traded as low as GBX 261 ($3.29). HUTCHMED shares last traded at GBX 264 ($3.33), with a volume of 39,973 shares traded.

HUTCHMED Stock Performance

The company has a quick ratio of 2.97, a current ratio of 2.81 and a debt-to-equity ratio of 11.78. The stock has a market cap of £2.26 billion, a P/E ratio of -6,600.00 and a beta of 0.76. The firm's 50-day moving average is GBX 284.76 and its two-hundred day moving average is GBX 289.81.

About HUTCHMED

(Get Free Report)

HUTCHMED (China) Limited, together with its subsidiaries, discovers, develops, and commercializes targeted therapeutics and immunotherapies for cancer and immunological diseases in Hong Kong and internationally. The company develops Savolitinib for the treatment of non-small cell lung cancer (NSCLC), papillary renal cell carcinoma (RCC), and gastric cancer (GC); and Fruquintinib, an inhibitor for colorectal cancer (CRC), breast cancer, gastric cancer, microsatellite stable-CRC endometrial cancer (EMC), NSCLC, RCC, gastrointestinal, cervical, and solid tumors.

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