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HUTCHMED (LON:HCM) Stock Price Down 3.7% - What's Next?

HUTCHMED logo with Medical background

HUTCHMED (China) Limited (LON:HCM - Get Free Report)'s stock price fell 3.7% during trading on Wednesday . The stock traded as low as GBX 258 ($3.27) and last traded at GBX 260 ($3.30). 44,821 shares traded hands during mid-day trading, a decline of 49% from the average session volume of 88,241 shares. The stock had previously closed at GBX 270 ($3.42).

HUTCHMED Trading Down 3.5 %

The company has a market capitalization of £2.14 billion, a P/E ratio of -6,350.00 and a beta of 0.76. The company has a debt-to-equity ratio of 11.78, a quick ratio of 2.97 and a current ratio of 2.81. The stock has a fifty day moving average of GBX 288.30 and a 200 day moving average of GBX 283.90.

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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