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Pharming Group (OTCMKTS:PHGUF) Share Price Passes Below Fifty Day Moving Average - Should You Sell?

Pharming Group logo with Medical background
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Pharming Group (OTCMKTS:PHGUF - Get Free Report) crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $0.90 and traded as low as $0.87. Pharming Group shares last traded at $0.87, with a volume of 1,000 shares trading hands.

Pharming Group Stock Performance

The company has a market capitalization of $587.19 million, a price-to-earnings ratio of -43.75 and a beta of 1.00. The company has a current ratio of 3.53, a quick ratio of 2.76 and a debt-to-equity ratio of 0.53. The stock's fifty day simple moving average is $0.90 and its 200-day simple moving average is $0.83.

Pharming Group Company Profile

(Get Free Report)

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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