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HUTCHMED (LON:HCM) Stock Price Passes Above 200 Day Moving Average - Time to Sell?

HUTCHMED logo with Medical background

HUTCHMED (China) Limited (LON:HCM - Get Free Report) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 289.47 ($3.76) and traded as high as GBX 328 ($4.26). HUTCHMED shares last traded at GBX 323 ($4.19), with a volume of 192,043 shares.

HUTCHMED Stock Performance

The stock's 50 day moving average price is GBX 279.96 and its 200 day moving average price is GBX 289.70. The company has a market capitalization of £2.76 billion, a P/E ratio of -8,075.00 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.

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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