Hutchison China MediTech (HCM) Earns Buy Rating from Beaufort Securities
Hutchison China MediTech (LON HCM) traded up GBX 129.75 ($1.79) during trading on Wednesday, reaching GBX 4,674.75 ($64.59). 10,951 shares of the company’s stock traded hands, compared to its average volume of 7,732. The company has a market cap of $2,690.00 and a price-to-earnings ratio of 31,165.00. Hutchison China MediTech has a 52-week low of GBX 2,069.61 ($28.59) and a 52-week high of GBX 5,932 ($81.96).
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Hutchison China MediTech Limited (Chi-Med) is a China-based, globally-focused healthcare group. The Company researches, develops, manufactures and sells pharmaceuticals and health-related consumer products. Its Innovation Platform focuses on discovering and developing therapeutics in oncology and autoimmune diseases for the global market.
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