Basilea Pharmaceutica (OTCMKTS:BPMUF) Reaches New 12-Month High – Here’s What Happened

Shares of Basilea Pharmaceutica AG (OTCMKTS:BPMUFGet Free Report) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $52.83 and last traded at $52.83, with a volume of 0 shares trading hands. The stock had previously closed at $52.83.

Wall Street Analyst Weigh In

Separately, HC Wainwright upgraded Basilea Pharmaceutica to a “strong-buy” rating in a report on Monday, September 23rd.

Read Our Latest Research Report on Basilea Pharmaceutica

Basilea Pharmaceutica Stock Performance

The business has a 50-day moving average of $50.91 and a 200 day moving average of $47.85.

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.

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