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Basilea Pharmaceutica (OTCMKTS:BPMUF) Reaches New 52-Week High - Should You Buy?

Basilea Pharmaceutica logo with Medical background

Basilea Pharmaceutica AG (OTCMKTS:BPMUF - Get Free Report) hit a new 52-week high during trading on Wednesday . The stock traded as high as $52.83 and last traded at $52.83, with a volume of 0 shares. The stock had previously closed at $52.83.

Wall Street Analyst Weigh In

Separately, HC Wainwright raised Basilea Pharmaceutica to a "strong-buy" rating in a research note on Monday, September 23rd.

Check Out Our Latest Stock Report on BPMUF

Basilea Pharmaceutica Stock Performance

The business has a 50-day moving average price of $51.49 and a two-hundred day moving average price of $48.27.

About Basilea Pharmaceutica

(Get Free Report)

Basilea Pharmaceutica AG, a commercial-stage biopharmaceutical company, focuses on the development of products that address the medical needs in the therapeutic areas of oncology and anti-infectives. The company offers Cresemba, an intravenous and antifungal drug for the treatment of invasive aspergillosis and mucormycosis in the United States, and the European Union.

Further Reading

Should you invest $1,000 in Basilea Pharmaceutica right now?

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