Beximco Pharmaceuticals (LON:BXP) Hits New 12-Month High – Should You Buy?

Beximco Pharmaceuticals Limited (LON:BXPGet Free Report) reached a new 52-week high during trading on Monday . The company traded as high as GBX 55.95 and last traded at GBX 52, with a volume of 118208 shares. The stock had previously closed at GBX 51.34.

Beximco Pharmaceuticals Trading Up 1.3%

The stock’s 50-day moving average price is GBX 43.80 and its 200 day moving average price is GBX 42.98. The company has a debt-to-equity ratio of 5.27, a current ratio of 4.13 and a quick ratio of 0.37. The firm has a market capitalization of £231.98 million, a PE ratio of 0.03 and a beta of 0.25.

Beximco Pharmaceuticals Company Profile

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Beximco Pharma is a leading manufacturer and exporter of medicines based in Bangladesh. Incorporated in 1976, the Company started its operation by importing products from Bayer, Germany and Upjohn, USA and selling them in the local market. In 1980, Beximco Pharma began manufacturing of these products under licensing arrangement and in 1983 launched its own formulation brands. Since its inception, the Company remains committed to health and wellbeing of people across all the continents by providing access to contemporary medicines.

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