Basilea Pharmaceutica (OTCMKTS:BPMUF) Hits New 12-Month High – What’s Next?

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

Wall Street Analysts Forecast Growth

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

Check Out Our Latest Analysis on Basilea Pharmaceutica

Basilea Pharmaceutica Stock Performance

The company has a 50-day moving average of $51.37 and a two-hundred day moving average of $48.24.

About Basilea Pharmaceutica

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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

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