HUTCHMED (LON:HCM) Share Price Crosses Below 200 Day Moving Average of $267.29

HUTCHMED (China) Limited (LON:HCM) shares crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 267.29 ($3.33) and traded as low as GBX 267 ($3.32). HUTCHMED shares last traded at GBX 268 ($3.34), with a volume of 66,901 shares.

HUTCHMED Stock Up 0.4 %

The company has a market capitalization of £2.31 billion, a P/E ratio of 2,700.00 and a beta of 0.68. The firm’s 50 day moving average price is GBX 253.99 and its two-hundred day moving average price is GBX 267.31. The company has a current ratio of 2.72, a quick ratio of 2.97 and a debt-to-equity ratio of 11.59.

About HUTCHMED

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