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Pharming Group (OTCMKTS:PHGUF) Shares Cross Above 50-Day Moving Average - Should You Sell?

Pharming Group logo with Medical background

Pharming Group (OTCMKTS:PHGUF - Get Free Report)'s stock price crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $0.81 and traded as high as $0.99. Pharming Group shares last traded at $0.98, with a volume of 3,000 shares trading hands.

Pharming Group Stock Performance

The company has a debt-to-equity ratio of 0.53, a current ratio of 3.53 and a quick ratio of 2.76. The business has a 50 day moving average price of $0.81 and a 200 day moving average price of $0.81. The stock has a market capitalization of $640.67 million, a PE ratio of -49.10 and a beta of 1.11.

About Pharming Group

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Pharming Group N.V., a biopharmaceutical company, develops and commercializes protein replacement therapies and precision medicines for the treatment of rare diseases in the United States, Europe, and internationally. The company offers RUCONEST, a recombinant C1 esterase inhibitor for the treatment of acute attacks in adult and adolescent patients with acute hereditary angioedema (HAE); and Joenja (leniolisib), an oral small molecule PI3K? inhibitor for the treatment of activated phosphoinositide 3-kinase delta syndrome.

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