Hikma Pharmaceuticals (OTCMKTS:HKMPY) Shares Up 0.9% – Time to Buy?

Shares of Hikma Pharmaceuticals PLC (OTCMKTS:HKMPYGet Free Report) rose 0.9% during trading on Friday . The stock traded as high as $48.96 and last traded at $48.96. Approximately 332 shares were traded during mid-day trading, a decline of 82% from the average daily volume of 1,871 shares. The stock had previously closed at $48.50.

Hikma Pharmaceuticals Stock Performance

The stock’s 50-day moving average is $47.36 and its two-hundred day moving average is $51.50.

Hikma Pharmaceuticals Cuts Dividend

The business also recently disclosed a dividend, which was paid on Monday, September 29th. Shareholders of record on Tuesday, August 19th were issued a dividend of $0.70 per share. This represents a dividend yield of 340.0%. The ex-dividend date of this dividend was Monday, August 18th. Hikma Pharmaceuticals’s dividend payout ratio is 10.34%.

About Hikma Pharmaceuticals

(Get Free Report)

Hikma Pharmaceuticals PLC develops, manufactures, markets, and sells a range of generic, branded, and in-licensed pharmaceutical products. It operates through three segments: Injectables, Generics, and Branded. The Injectables segment provides generic injectable products primarily for use in hospitals.

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