Hikma Pharmaceuticals (OTCMKTS:HKMPY) Trading 6.2% Higher – Here’s Why

Hikma Pharmaceuticals PLC (OTCMKTS:HKMPYGet Free Report) shares were up 6.2% during mid-day trading on Thursday . The stock traded as high as $47.00 and last traded at $46.2144. 5,030 shares traded hands during mid-day trading, an increase of 253% from the average session volume of 1,424 shares. The stock had previously closed at $43.5016.

Hikma Pharmaceuticals Price Performance

The stock’s 50-day simple moving average is $41.32 and its 200 day simple moving average is $39.32.

Hikma Pharmaceuticals Company Profile

(Get Free Report)

Hikma Pharmaceuticals is a multinational pharmaceutical company founded in Amman, Jordan, in 1978. Headquartered in London, the company develops, manufactures and markets a broad range of branded and non-branded generic medicines, as well as speciality injectable products. Over four decades, Hikma has grown from a regional pharmaceutical supplier to a global healthcare provider, maintaining a focus on quality manufacturing and regulatory compliance.

The company operates across three core business segments: branded generics, speciality injectables and non-branded generics.

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