Pharma Mar (OTCMKTS:PHMMF) Shares Gap Up – Still a Buy?

Shares of Pharma Mar (OTCMKTS:PHMMF – Get Free Report) gapped up prior to trading on Monday. The stock had previously closed at $70.70, but opened at $75.05. Pharma Mar shares last traded at $75.05, with a volume of 100 shares traded.

Pharma Mar Price Performance

The stock has a 50 day moving average of $90.65 and a 200-day moving average of $92.74.

About Pharma Mar

(Get Free Report)

PharmaMar is a Spanish biopharmaceutical company focused on discovering, developing and commercializing medicines for oncology. Its research draws on marine organisms as a source of compounds with potential anticancer properties. The company’s oncology portfolio includes Yondelis (trabectedin), used to treat certain soft-tissue sarcomas and ovarian cancer, and Zepzelca (lurbinectedin), used to treat small-cell lung cancer in certain markets. PharmaMar also conducts research into new cancer treatments and works with commercial partners to bring its medicines to patients in different geographies.

Recommended Stories

Receive News & Ratings for Pharma Mar Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pharma Mar and related companies with MarketBeat.com's FREE daily email newsletter.