HUTCHMED (LON:HCM) Shares Cross Above 200 Day Moving Average of $236.78

HUTCHMED (China) Limited (LON:HCM)’s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 236.78 ($2.91) and traded as high as GBX 310 ($3.81). HUTCHMED shares last traded at GBX 305 ($3.75), with a volume of 53,531 shares trading hands.

HUTCHMED Stock Up 5.1 %

The company has a current ratio of 3.20, a quick ratio of 2.97 and a debt-to-equity ratio of 5.02. The stock’s 50-day moving average is GBX 281.64 and its 200-day moving average is GBX 237. The company has a market cap of £2.58 billion, a price-to-earnings ratio of -7,050.00 and a beta of 0.82.

HUTCHMED Company Profile

HUTCHMED (China) Limited discovers, develops, and commercializes targeted therapeutics and immunotherapies for cancer and immunological diseases in Hong Kong and internationally. The company develops Savolitinib, an inhibitor for non-small cell lung cancer (NSCLC), papillary and renal cell carcinoma, colorectal cancer (CRC), and gastric cancer (GC); and Fruquintinib, an inhibitor for CRC, breast cancer, GC, endometrial cancer (EMC), NSCLC, hepatocellular carcinoma, and gastrointestinal and solid tumors.