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HUTCHMED (LON:HCM) Shares Pass Below Two Hundred Day Moving Average - What's Next?

HUTCHMED logo with Medical background

HUTCHMED (China) Limited (LON:HCM - Get Free Report)'s stock price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 279.53 ($3.52) and traded as low as GBX 227 ($2.86). HUTCHMED shares last traded at GBX 232 ($2.92), with a volume of 59,463 shares changing hands.

HUTCHMED Trading Down 4.1 %

The firm has a market cap of £1.98 billion, a P/E ratio of -5,800.00 and a beta of 0.76. The company's 50 day simple moving average is GBX 273.70 and its 200-day simple moving average is GBX 279.53. The company has a quick ratio of 2.97, a current ratio of 2.81 and a debt-to-equity ratio of 11.78.

HUTCHMED Company Profile

(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.

Further Reading

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