Basilea Pharmaceutica (OTCMKTS:BPMUF) Sets New 52-Week High – Time to Buy?

Shares of Basilea Pharmaceutica AG (OTCMKTS:BPMUFGet Free Report) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $51.26 and last traded at $51.26, with a volume of 0 shares changing hands. The stock had previously closed at $51.26.

Analyst Upgrades and Downgrades

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

View Our Latest Stock Analysis on BPMUF

Basilea Pharmaceutica Stock Performance

The stock has a 50 day moving average price of $50.24 and a 200 day moving average price of $47.40.

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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