Pharming Group NV (OTCMKTS:PHGUF – Get Free Report) shares gapped down prior to trading on Friday. The stock had previously closed at $1.1050, but opened at $0.9545. Pharming Group shares last traded at $0.9545, with a volume of 1,000 shares trading hands.
Pharming Group Stock Up 2.8%
The company has a debt-to-equity ratio of 0.39, a current ratio of 3.01 and a quick ratio of 2.31. The firm’s 50-day moving average price is $1.10 and its 200 day moving average price is $1.27. The firm has a market cap of $640.54 million, a P/E ratio of 79.54 and a beta of 0.42.
About Pharming Group
Pharming Group N.V. is a biopharmaceutical company headquartered in Leiden, the Netherlands, focused on developing and commercializing medicines for rare diseases and other conditions with limited treatment options. The company was founded in 1988 and has built its business around therapies produced using recombinant technology.
Pharming’s principal product is Ruconest (conestat alfa), a recombinant C1 esterase inhibitor used to treat acute attacks of hereditary angioedema, a rare genetic disorder that can cause potentially life-threatening swelling.
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