Basilea Pharmaceutica (OTCMKTS:BPMUF) Downgraded by ValuEngine to “Hold”

ValuEngine cut shares of Basilea Pharmaceutica (OTCMKTS:BPMUF) from a buy rating to a hold rating in a research report released on Wednesday, ValuEngine reports.

Separately, Zacks Investment Research downgraded shares of Basilea Pharmaceutica from a hold rating to a sell rating in a research report on Friday, January 3rd.

BPMUF stock traded up $5.56 during trading on Wednesday, reaching $60.05. The stock had a trading volume of 35 shares, compared to its average volume of 4. Basilea Pharmaceutica has a one year low of $36.59 and a one year high of $60.05. The company’s 50 day moving average is $48.38 and its two-hundred day moving average is $42.91.

About Basilea Pharmaceutica

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. It offers isavuconazole, an intravenous and oral azole antifungal drug for the treatment of invasive aspergillosis and mucormycosis in the United States, the European Union, and internationally under the Cresemba brand.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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