bioMérieux (OTCMKTS:BMXMF) Stock Passes Below Fifty Day Moving Average – Time to Sell?

Shares of bioMérieux S.A. (OTCMKTS:BMXMFGet Free Report) passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $113.87 and traded as low as $112.89. bioMérieux shares last traded at $112.89, with a volume of 9,557 shares trading hands.

Analysts Set New Price Targets

Separately, UBS Group raised bioMérieux to a “strong-buy” rating in a research note on Thursday, August 22nd.

View Our Latest Report on bioMérieux

bioMérieux Stock Performance

The company has a quick ratio of 1.19, a current ratio of 2.03 and a debt-to-equity ratio of 0.09. The business has a 50 day moving average of $114.04 and a 200-day moving average of $106.95.

About bioMérieux

(Get Free Report)

bioMérieux SA develops and produces in vitro diagnostic solutions for the diagnosis of infectious diseases in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers systems that use biological samples, such as blood, saliva, urine, etc. for the diagnosis of infectious diseases, including bacterial infections, parasitic infections, and viral infections; and microbiological control of production or the production environment primarily for food, pharmaceutical, and cosmetic industries.

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